Skip to main content
Updated Jun 1, 2020
Obasanjo Adesina
Akinwumi Adesina (left), president of the African Development Bank, and former Nigerian president Olusegun Obasanjo, photographed during the anniversary of the International Institute for Tropical Agriculture in Ibadan, Nigeria, on July 24, 2017. (Pius Utomi Ekpei/AFP)

 

Olusegun Obasanjo, former president of Nigeria, has written a letter to twelve former African presidents in defense of the African Development Bank (AfDB) and its president, Akinwumi Adesina, who has come under fire from the United States Treasury Department. Adesina had been accused of ethics violations by a group of anonymous whistleblowers, but was exonerated by the AfDB’s Ethics Committee. Steven Mnuchin, secretary of the US Treasury, rejected the committee’s decision and insisted that an independent investigation be launched, which was approved on May 29.

In his letter, Obasanjo lists the numerous achievements of the AfDB under Adesina’s tenure, before turning his ire on the United States’ efforts to undermine his leadership and re-election bid in August. Regarding Mnuchin’s call for an independent investigation, he writes, “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”

 

Obasanjo’s letter comes amid renewed tensions between Nigeria and the United States, the former being placed on an expanded travel ban list by the Trump administration in February. The former president concluded the letter by calling on African heads of state to rally around Adesina. “We should speak against the introduction of alien practices being recommended by some parties given that such recommendation falls outside the laid down procedures, laws, rules, and regulations of the Bank.

“It is also critical that we emphasize the need for the ADB to remain an Africa-focused development Bank rather than one which serves interests outside Africa.”

 

Countries
Topics
Daily Picks
Jul 4, 2020