US Treasury Rejects Stoppage Of AFD’S Board Investigations

U.S. Treasury Secretary Steven Mnuchin rejected plans by the African Development Bank’s board to end an investigation into its president, Akinwumi Adesina, and called for an independent probe into allegations against him. In a letter dated May 22 and addressed to Niale Kaba, chairwoman of the bank’s board of governors, Mnuchin said the Treasury disagrees with findings by the bank’s ethics committee that “totally exonerated” Adesina. Kaba confirmed receipt of the document and declined further comment. READ ALSO: https://theemage.com/burundi-elections-ndayishimiye-new-president/ The intervention by the Treasury, the AfDB’s biggest non-African shareholder, comes…

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