Why the US is targeting flamboyant head of African Development Bank - News Summed Up

Why the US is targeting flamboyant head of African Development Bank


The US and the African Development Bank have fallen out over allegations of corruption against the bank's Nigerian head. But the clean public persona of the 60-year-old president of the African Development Bank (AfDB) is now being questioned after a string of corruption and abuse of office allegations from his own staff spilled into the open. US Treasury Secretary Steve Mnuchin personally signed a letter to the board rejecting an internal investigation that cleared Mr Adesina. Mr Kaba said in a statement that a decision had not been made about Mr Adesina and he remained in office. I am pleased the African Development Bank's Board agreed to take this important step," the Democrat said in a statement.


Source: The Star May 30, 2020 06:22 UTC



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