28th May, 2020
Kaba in a statement circulated today said “it is false that the President of the Bank Group has been or is being asked to step down from his position”.
Her reaction came following reports that the board had accepted the U.S.-led demand that an independent probe be constituted to probe the whistleblower allegations against Adesina.
The contentious report also indicated that Adesina would be asked to step aside for the probe to hold.
Kaba acknowledged receiving letters from some shareholders expressing various views following the report of the ethics committee of the board.
But she said the board has not taken any decision as conveyed in the reports.
Read her full statement:
The Bureau of the Boards of Governors of the African Development Bank met on Tuesday, 26 May to consider the matter arising from a whistleblowers’ complaint against the President of the Bank, which was dealt with by the Ethics Committee of Board of Directors of the Bank and for which I received letters from some shareholders expressing various views.
Following the meeting, my attention has been drawn to several publications in the national and international press regarding the content of the deliberations of the said meeting, and I am compelled to make clarifications in order to avoid any misunderstanding.
The Bureau, which I chair, wishes to reassure the public that it is seized with the matter and that it is treating it with the utmost seriousness that it deserves. Further, the Bureau informs the public that it has not taken any decision as falsely conveyed in some publications.
I must emphasise that there is no governance or constitutional crisis at the African Development Bank Group. It is indeed false that the President of the Bank Group has been or is being asked to step down from his position.
Everyone must allow the Bureau to do its work and allow due process to reign. All the Governors will be carried along in resolving the issue.
Chair of the Bureau of the Board
