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15 former African Presidents and Prime Minister back Adesina over calls for independent investigation against him

15 former African Presidents and Prime Minister back Adesina over calls for independent investigation against him

A coalition of 15 former African presidents and a prime minister have
publicly expressed their support for the President of African
Development Bank (AfDB) Akinwumi Adesina, following calls for an
independent investigation against him by the United States government.

Recall that the US Government through its Treasury Secretary Steven
Mnuchin, said it had reservations about the process that led the ethics
committee on 5 May to reject the whistleblowers’ accusations against the
bank President. He further called for an independent investigation
of Adesina who was cleared of the allegation against him by AfDB’s
ethics committee.

However reacting to this, the former African leaders stated that any
conflict resolution processes outside laid down rules would undermine
the reputation of the bank and its president.

The statement reads in part;

“Adesina, who some whistleblowers alleged to have violated the banks’
code of ethics, has firmly and consistently declared his innocence of
these allegations.

“The ethics committee of the board of directors, a legal oversight
body of the bank, made up of representatives of shareholders, cleared Dr
Adesina of all 16 allegations, declaring them as baseless and
unsubstantiated and exonerated him completely.

“Governance is all about respecting and abiding by rules, laws and
established governing systems of organizations. In the case of the AfDB,
while differences may exist among parties, the best way to address them
is to first respect the rules, procedures and governance structures of
the bank.

“The African Development Bank is a pride for all of Africa, and its
president, Dr Adesina, has taken the bank to enviable heights. At this
critical time that Africa is battling with COVID-19, the bank and its
president should not be distracted.”

Adesina’s achievement as the President of the AfDB was also listed by the coalition of African leaders.

The statement added;

 “The bank announced a $10 billion crisis response facility to
support countries in Africa. The bank also successfully launched a $3
billion Fight COVID-19 social bond, the largest ever US
dollar-denominated bond in world history”.

“Powered by his vision and leadership, the shareholders of the bank
from 80 countries all approved a general capital increase of $115
billion for the bank, the largest in its history since establishment in
1964.

“The bank has been doing a lot for women, with a $3 billion fund to
provide access to finance to women, supported by G7 countries and
Africa.

“Across the continent, the bank’s presence and work have been highly
visible and impactful. In less than five years, the bank’s High 5 agenda
has impacted over 333 million people, from access to electricity, food
security, access to finance via the private sector, improve transport,
and access to water and sanitation.

“The bank has maintained its stellar AAA rating among all global rating agencies.”

Shareholders of the bank were also urged to work with mutual respect and honour the procedures of the bank. 

“No nation, regardless of how powerful, has veto power over the African Development Bank, and no nation should have such power”.

The following former African leaders signed the statement;

  • Olusegun Obasanjo (president of Nigeria; 1999-2007)
  • Boni Yayi (president of Benin; 2006-2016)
  • Hailemariam Desalegn (prime minister of Ethiopia; 2012 – 2018)
  • John Kufour (president of Ghana; 2001 – 2009)
  • Ellen Johnson Sirleaf (president of Liberia; 2006 – 2018)
  • Joyce Banda (president of Malawi; 2012 – 2014)
  • Joaquim Chissano (president of Mozambique; 1986 – 2005)
  • Tandja Mamadou (president of Niger; 1999 – 2010)
  • Goodluck Jonathan (president of Nigeria; 2010-2015)
  • Mohamed Marzouki (president of Tunisia; 2011 – 2014)
  • Benjamin Mkapa (president of Tanzania; 1995 – 2005)
  • Ameenah Gurib-Fakin (president of Mauritius; 2015 – 2018)
  • Rupiah Banda (president of Zambia; 2008 – 2011)
  • Kgalema Motlanthe (president of South Africa; 2008-2009)
  • Jakaya Kikwete (president of Tanzania; 2005 – 2015)
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