An independent panel of experts, headed by former Irish President Mary Robinson, has cleared Akinwumi Adesina, leader of the African Bank of Development, of corruption allegations.
The 60-year-old who became the first Nigerian to lead the AfDB in 2015, was alleged to run the back into the grounds.
A 15-page report earlier this year claimed that under his watch the bank had been tarred by poor governance, impunity, personal enrichment and favouritism.
The panel of three experts, led by Mary Robinson who is a former President of the Republic of Ireland, the Chief Justice of the Supreme Court of Gambia, Hassan B. Jallow; and Leonard McCarthy, a former Director of Public Prosecutions, a former Director for the Office of Serious Economic Offences, and a former Head of the Directorate of Special Operations of South Africa.
“The Panel concurs with the Committee in its findings in respect of all the allegations against the President and finds that they were properly considered and dismissed by the Committee,” Monday’s report concluded.
The African banking institution and Adesina, who is the sole candidate for the bank’s August’s presidential elections, had been in the eye of the storm since April over allegations of impropriety levelled against him by some whistleblowers working in the bank.
The former Nigerian agriculture minister had always stated he was “innocent” of the charges.
Robinson, who led Ireland from 1990 to 1997 before serving as the United Nations High Commissioner for Human Rights until 2002, dismissed the 16 whistleblower allegations against Adesina.
Meanwhile, the bank’s Ethics’ Committee, which first investigated the allegations, gave him a clean bill that was accepted by the Board of Governors, but the United States rejected the report and demanded a fresh probe by an independent body.
The board subsequently authorised an independent review of the Ethics Committee report on Adesina, who has received the backing of Nigeria and other African countries ahead of his reelection next month.