Akinwumi Adesina Reacts To AfDB's Probe

Embattled President of the African Development Bank (AfDB), Adewumi Adesina, has reacted to the renewed call for an independent investigation into his role as the leader of the bank. 

In a statement signed by Adesina, he said that he remains confident that ultimately and as one collective, the Bank will emerge stronger than before and continue to support Africa's development drive.

AllNews had earlier reported that the pressure from the United States Government had compelled the African Development Bank (AfDB) to allow an independent investigation into its President, Adewumi Adesina.

Adesina was accused of being an impediment to efficiency, showing preferential treatment and involving in political activity.

The statement reads: "In recent weeks and over the last few days especially, I have been overwhelmed by the tremendous support received from around the world. I have absolute confidence in the integrity of the Bank that I lead and its governance systems, rules and procedures.

"In spite of unprecedented attempts by some to tarnish my reputation and prejudice the Bank's governance procedures, I maintain my innocence with regard to trumped up allegations that unjustly seek to impugn my honor and integrity, as well as the reputation of the African Development Bank.

"I sincerely appreciate the support of the Bank's shareholders.

"At this time, I remain confident that ultimately and as one collective, the Bank will emerge stronger than before and continue to support Africa's development drive. I draw great inspiration from my heroes, Nelson Mandela and Kofi Annan, whose lives have shown that through pain we grow. As Martin Luther King Jnr. once said, "the arc of the moral universe is long, but it bends towards justice. "

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

"I will therefore continue to work with each and everyone of our shareholders to ensure that the African Development Bank maintains its hard earned global reputation; and that our credible and well-functioning institutional and governance systems are reinforced, as we collectively press on to fulfill the mission of our founders to accelerate and transform Africa's development."