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I Maintain My Innocence’ AfDB Chief, Adesina Hits Back Over Graft Accusations

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The President of the African Development Bank (AfDB), Akinwumi Adesina, hit back on Wednesday at accusations of corruption and vowed to continue working.

In a press statement, Adesina slammed “unprecedented attempts by some to tarnish my reputation” and declared “I will… continue to work with each and every one of our shareholders.”

The United States is pressing for an independent probe into charges by whistleblowers — declared as unfounded by an internal inquiry — of alleged embezzlement and favouritism under Adesina, who is bidding for a second five-year term at the helm.

“I maintain my innocence with regard to trumped-up allegations that unjustly seek to impugn my honour and integrity, as well as the reputation of the African Development Bank,” Adesina said.

He cited “my heroes, Nelson Mandela and Kofi Annan, whose lives have shown that through pain we grow.”

“I am confident that fair, transparent and just processes that respect the rules, procedures and governance systems of the Bank, and rule of law, will ultimately prove that I have not violated the Code of Ethics of this extraordinary institution,” he said.

Adesina is the first Nigerian to be in charge of the AfDB, one of the world’s five largest multilateral development banks.

The former Nigerian agriculture minister is known for his bow ties and flamboyant manner, but also for a managerial style that critics say is authoritarian.

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