Logo
NEWS | Education | DJ MIX | OTHERS | SPORTS |


Logo

Logo

Logo
 
Logo


« | »

Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System


Former President Olusegun Obasanjo and Zainab Ahmed, the minister of finance, budget and national planning, have urged the board of the African Development Bank to ignore calls for an independent investigation of Akinwumi Adesina by the US.

Adesina, who is the president of the AfDB, was accused of favouritism and has been absolved of the allegations by the bank’s ethics committee.

In separate letters seen by TheCable, the duo urged Kaba Niale, chairman of the AfDB board of governors, to follow laid down processes to protect and preserve the bank.

“The call for an independent investigation of the president is outside of the laid down rules, procedures and governing system of the bank and its articles as it relates to the code of conduct on ethics for the president,” Ahmed wrote.

In his letter, Obasanjo wrote: “Unfortunately, the US government, through the US treasury secretary, has written a public letter (that was also distributed to the press globally) to disagree with the conclusions of the ethics committee of the board of directors and the chairman of the board of governors of the bank.
Instead of accepting the exoneration of the president of the bank, they called for an independent investigation.

“This is outside of the rules, laws, procedures and governance systems of the bank. The US treasury secretary disparaged the bank and ridiculed the entire governance system of the bank which has been in place since 1964.

“This is unprecedented in the annals of the African Development Bank Group. If we do not rise up and defend the African Development Bank, this might mean the end of the African Development Bank, as its governance will be hijacked away from Africa.”

Obasanjo also advised that it is “critical” to emphasise the need for the AfDB to remain an “African-focused development bank rather than one which serves interests outside Africa.

TRENDING SONGS

Song [Full Album] Timaya – Gratitude Song Tragedy: A Graduating Student Of Ogwashi-Ukwu Polytechnic Died On Her Graduation Day In Delta State Song [Full Album] Davido – A Better Time Song Young Date Kicks Off Go Lagos Radio Tour Song ‘Biden To Be Impeached For Harris To Be President’- Apostle Suleman (Throwback Video) Song [Full EP] Youngtizy – Road To Success Song Joe Biden Defeats Donald Trump In US Presidential Election 2020 Song [Video & Audio] Young Date Feat. Mr X – Go Lagos Song [Full Album] Wizkid – Made In Lagos Song We Kept Palliatives Ahead Of Second Wave Of COVID-19 – Governors

CLICK TO DROP YOUR COMMENT

Share this post with your friends on


4 Responses

    1. sikis izle

      - 2:14 pm

      I go to see day-to-day a few sites and blogs to read articles, however this web site provides feature based posts. Katrinka Rudiger Wildermuth

    1. erotik izle

      - 1:59 am

      I have recently started a blog, the info you offer on this site has helped me tremendously. Thanks for all of your time & work. Katee Friedrick Janean

    1. sikis izle

      - 11:13 pm

      Good answers in return of this question with firm arguments and telling all concerning that. Shelby Tadd Raines

    1. Shelton Liguori

      - 2:16 pm

      Great post however , I was wanting to know if you could write a litte more on this subject? I’d be very thankful if you could elaborate a little bit more. Thanks!

      https://extraproxies.com

Leave a Reply

NOTE:- Make your comment a bit long to get it approved.



Go Back To The Top

« | »


Looking for something? Search below





About Djkotech | Always Stay Connected

Akpore Eguono Love (born 04 May 1996), known professionally as Dj Kotech (sometimes stylized as Kotech joor), is a Nigerian disc jockey and a blogger. Dj Kotech signed a record deal with Mighty Men Empire (M.M.E) in 2016. He rose to prominence after releasing “Good Times” followed by “Oga Sars“. In February 2018, Dj Kotech […]more →