Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    NGX Return Dips to 56% Over Selloffs in BUA, Dangote, Unilever

    August 16, 2026

    BRICS Explores Integration of Instant Payment Systems, Digital Currencies

    August 16, 2026

    Scottish Business Activity Falls Further in July, Employment Rises -Royal Bank

    August 15, 2026
    Facebook X (Twitter) Instagram
    Trending
    • NGX Return Dips to 56% Over Selloffs in BUA, Dangote, Unilever
    • BRICS Explores Integration of Instant Payment Systems, Digital Currencies
    • Scottish Business Activity Falls Further in July, Employment Rises -Royal Bank
    • AVA Capital: Investors in Search for Next Catalyst as Momentum Fades
    • XRP Holds Position as Bank of Montreal Discloses Interest
    • Binance Coin Tops $610 Ahead of BNB Chain Pasteur Hard Fork
    • Cardano Price Dips Ahead of Wallet Provider SecondFi Liquidation
    • Fitch Maintains U.S. Credit Rating at ‘AA+’ with Stable Outlook
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, August 16
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » AfDB Board Authorises Independent Body to Review Ethics Committee Report

    AfDB Board Authorises Independent Body to Review Ethics Committee Report

    Marketforces AfricaBy Marketforces AfricaJune 5, 2020Updated:October 13, 2025 News No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    AfDB Board Authorises Independent Body to Review Ethics Committee Report

    The Bureau of the Boards of Governors of the African Development Bank (AfDB) has authorised an independent review of the report of ethics committee of the boards of the Directors and submission made by Dr. Akinwumi Adesina, President of the bank.

    The bureau of the Boards of Governors of AfDB made the resolution in a communique issued by the chairperson of the bureau, Ms. Niale KABA after their meeting on Thursday.

    The News Agency of Nigeria (NAN) reports that the U.S. department of treasury had called for an independent probe of allegations levelled against Dr. Akinwumi Adesina, AfDB president on corruption after being cleared by the bank’s ethics committee.AfDB Board

    The position of U.S representative in the bank has been condemned by many African leaders and some sitting presidents in Africa as they rallied support for Adesina.

    The communique stated that the bureau reiterated that it agreed that the ethics committee of the board of Directors performed its role on this matter in accordance with the applicable role under resolution B/BG/2008/11 of the board of Governors.

    It also stated that the chairperson of the bureau performed her role in accepting the findings of the ethics committee in accordance with the said resolution.

    According to the communique, the bureau arrived at the decision based on views of some Governors on the matter to carry every member along in resolving it.

    “The independent review shall be conducted by a neutral high calibre individuals with unquestionable experience, high international reputation and integrity within a short time period of not more than two to four weeks maximum, taking the bank’s group electoral calendar into account.

    “The bureau agrees that within a three to six months period, and following the independent review of the ethics committee report, an independent comprehensive review of the implementation of the bank’s group whistle blowing and complaint.

    “Handling policy should be conducted with a view to ensuring that the policy is properly implemented, and revising it where necessary to avoid situations of this nature in future” it stated.

    AfDB Board Authorises Independent Body to Review Ethics Committee Report

     

    AfDB Ethics Committee
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    NGX Return Dips to 56% Over Selloffs in BUA, Dangote, Unilever

    BRICS Explores Integration of Instant Payment Systems, Digital Currencies

    Scottish Business Activity Falls Further in July, Employment Rises -Royal Bank

    AVA Capital: Investors in Search for Next Catalyst as Momentum Fades

    XRP Holds Position as Bank of Montreal Discloses Interest

    Binance Coin Tops $610 Ahead of BNB Chain Pasteur Hard Fork

    Add A Comment

    Comments are closed.

    Editors Picks

    NGX Return Dips to 56% Over Selloffs in BUA, Dangote, Unilever

    August 16, 2026

    BRICS Explores Integration of Instant Payment Systems, Digital Currencies

    August 16, 2026

    Scottish Business Activity Falls Further in July, Employment Rises -Royal Bank

    August 15, 2026

    AVA Capital: Investors in Search for Next Catalyst as Momentum Fades

    August 15, 2026

    XRP Holds Position as Bank of Montreal Discloses Interest

    August 15, 2026
    Latest Posts

    NGX Return Dips to 56% Over Selloffs in BUA, Dangote, Unilever

    August 16, 2026

    BRICS Explores Integration of Instant Payment Systems, Digital Currencies

    August 16, 2026

    Scottish Business Activity Falls Further in July, Employment Rises -Royal Bank

    August 15, 2026

    AVA Capital: Investors in Search for Next Catalyst as Momentum Fades

    August 15, 2026

    XRP Holds Position as Bank of Montreal Discloses Interest

    August 15, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.