TUC berates independent investigation of Adesina at AfDB

-- The Trade

Congress of Nigeria, TUC, has berated the recent call for an independent investigation into the allegations against the African Development Bank, AfDB, president, Dr. Akinwumi Adesina.

In a press release signed by the TUC President, Comrade Quadri Olaleye, he said the move tended to question the integrity and entire governance system of an institution that has served its members' well for over 55 years.

The TUC boss stated that with this development, the union is tempted to believe that there is more to the whole issue, stressing: "What more can we say if the report of AfDB Ethics Committee clearing Adesina of all allegations of corruption and favouritism agos

is being rejected? We sense an outright breach and violation of a process which may disrupt activities of the bank if allowed to fester".

Olaleye averred that, in the first place, AfDB is a regional Bank, therefore non-regional member countries of the bank should be allowed to form a clog on the wheel of the progress of the continent.

‘Why is this coming up at a time Dr. Adesina is seeking re-election? These intrigues must stop. It beats our imagination that the US, being one of the oldest democracies with absolute regard for due process, would champion such a call.

"At this point in time we call on African leaders to rise up and defend the continent for once and also let us assume we were ignorant when the territory was being partitioned in 1884-5; posterity will not forgive us if we allow another one in 21st century. We shall all blame ourselves if we do not rise up to defend what remains of the continent. Our institutions are being hijacked and we are folding our arms! It is unfortunate," he lamented.

Olaleye reiterated that time has come for Africa to stand for something and also rediscover themselves if they want to avert the looming economic crisis post COVID19.