Outgoing President of the African Development Bank (AFDB), Dr. Akinwumi Adesina has emerged as incoming President after a long drawn battle.
He was cleared of all allegations of impropriety and fraud by the bank’s ethics committee following allegations of graft by the United States government, however, the US still insisted on a fresh and ‘in-depth’ investigation into the allegations.
Adesina, in a statement described the allegation as one calculated to tarnish his reputation.
However, analysts have cautioned he should watch his steps, given that powerful foes do not give up easily.
Adesina stood alone in the election, but was endorsed in a virtual general meeting on Thursday.
The first hint of his re-election was when a presidential aide, Bashir Ahmad, tweeted, “Nigeria’s Dr. Akinwumi Adesina has been re-elected as the President of the African Development Bank (AfDB). With this re-election, he will spend another 5 years supervising the affairs of the Bank. Congratulations!”
AfDB is yet to issue a formal statement.
