Skip to content
August 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • U.S. welcomes independent probe of report that cleared AfDB Chief
  • International News

U.S. welcomes independent probe of report that cleared AfDB Chief

Admin July 3, 2020
U.S

U.S flag

U.S. Treasury Secretary Steven Mnuchin on Thursday welcomed the African Development Bank’s , AfDB, decision to appoint former Irish President Mary Robinson to lead an independent probe of a report that cleared the bank’s chief, Akinwumi Adesina of wrongdoing.

Mnuchin said undertaking an independent review was fully consistent with a presumption of innocence. “The decision to pursue an independent review demonstrates the strength of the African Development Bank,” he said.

The regional development bank’s board on Wednesday announced Robinson would lead a high-level panel that will review a report by the bank’s ethics committee, which had cleared the bank’s president, Akinwumi Adesina, of improper conduct.

Adesina had been accused of abuse of office by a whistleblower at the bank, including favoritism in hiring. He has denied the allegations.

U.S
Akinwumi Adesina, President AfDB

The panel will include Leonard McCarthy, a former South African government official and former vice president for integrity at the World Bank, and Gambian Chief Justice Hassan Jallow. It is to complete its review in two to four weeks.

The Bank’s board last month said it stood by the internal investigation that cleared Adesina, but agreed to U.S. demands for an independent review in the interest of due process. It finalized plans for that review on Wednesday.

The United States, AfDB’s second-largest shareholder, had demanded a new independent probe into the allegations against Adesina, rejecting the bank’s investigation over reservations about the integrity of the bank’s process.

That put it at odds with the largest shareholder, Nigeria, which had voiced its support for Adesina.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: african development cleared the bank's development bank's independent review

Post navigation

Previous 86 Nigerians arrive Nnamdi Azikiwe International Airport, Abuja From Sudan – NIDCOM
Next Facebook employee files complaint alleging widespread bias against Black workers

Related Stories

Congo’s Ebola outbreak is second-largest on record, latest data shows ebola
  • International News

Congo’s Ebola outbreak is second-largest on record, latest data shows

July 31, 2026
Oil climbs as traders assess shipping flows; big monthly gain in sight reserves crude oil
  • International News

Oil climbs as traders assess shipping flows; big monthly gain in sight

July 31, 2026
AIDS epidemic could rebound as HIV funding falls- UNAIDS warns
  • International News

AIDS epidemic could rebound as HIV funding falls- UNAIDS warns

July 28, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

FIFA falls apart over Infantino’s $20bn sell-off deal linked to Trump; adviser resigns
  • Sports

FIFA falls apart over Infantino’s $20bn sell-off deal linked to Trump; adviser resigns

August 1, 2026
How Tinubu’s aggressive infrastructure development is driving Nigeria to a $1trn economy – Yilwatda 
  • National News

How Tinubu’s aggressive infrastructure development is driving Nigeria to a $1trn economy – Yilwatda 

August 1, 2026
  • National News

July 31, 2026
Congo’s Ebola outbreak is second-largest on record, latest data shows ebola
  • International News

Congo’s Ebola outbreak is second-largest on record, latest data shows

July 31, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.