The Bureau of the Board of Governors, Africa Development Bank Group has approved an independent investigation of the allegations against the President of the Bank, Akinwumi Adesina.
The decision, taken at the meeting of the Bureau Thursday regarding the whistle-blowers’ complaints against Mr Adesina, is in deference to the demand by the U.S. government that a fresh and in-depth investigation be conducted into the allegations against Mr Adesina using an independent investigator.
On May 5, the ethics committee of the continental bank, headed by Takuji Yano, said in its report that Mr Adesina was not guilty on all counts.
Mr Yano is a Japanese executive director charged with the responsibility of investigating allegations by some concerned employees against the Bank’s president.
The committee described the allegations that Mr Adesina violated the code of conduct of the institution as “spurious and unfounded”.
Regardless, the United States government expressed “deep reservations about the integrity of the committee’s process” and called for a fresh “in-depth investigation of the allegations.”
At the end of its meeting Thursday, the Bureau of Board of Governors issued a communique, agreeing with the U.S and authorizing an independent review of the ethic committee’s report.
The communique, signed by the Chairperson of the Bureau of the Boards of Governors, Niale Kaba, reads,
“The Bureau reiterates that it agrees that the Ethics Committee of the Boards of Directors performed its role on this matter in accordance with the applicable rule under Resolution B/BG/2008/11 of the Board of Governors.
“The Bureau also reiterates that the Chairperson of the Bureau of the Board of Governors performed her role in accepting the findings of the Ethics Committee in accordance with the said Resolution.
“However, based on the views of some Governors on the matter and the need to carry every Governor along in resolving it, the Bureau agrees to authorize an Independent Review of the Report of the Ethics Committee of the Boards of Directors relative to the allegations considered by the Ethics Committee and the submissions made by the President of the Bank Group thereto in the interest of due process.
“The Independent Review shall be conducted by a neutral high calibre individual with unquestionable experience, high international reputation and integrity within a short time period of not more than two to four weeks maximum, taking the Bank Group’s electoral calendar into account.
“The Bureau agrees that, within a three to six month period and following the independent review of the Ethics Committee Report, an independent comprehensive review of the implementation of the Bank Group’s Whistle-Blowing and Complaints Handling Policy should be conducted with a view to ensuring that the Policy is properly implemented, and revising it where necessary, to avoid situations of this nature in the future.”