Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,661 members, 7,816,698 topics. Date: Friday, 03 May 2024 at 03:31 PM

Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System (42601 Views)

Stephen Mouka: Obidients Ridiculed As "Eluuu-P" Singer Was Spotted In Workshop / Peter Obi Attends The Governance Agenda For An Inclusive Nigerian Summit / Osun Election: Adeleke Has Ridiculed The People (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by SirToby(m): 4:49pm On May 28, 2020
Former President Olusegun Obasanjo and Zainab Ahmed, the minister of finance, budget and national planning, have urged the board of the African Development Bank to ignore calls for an independent investigation of Akinwumi Adesina by the US.

Adesina, who is the president of the AfDB, was accused of favouritism and has been absolved of the allegations by the bank’s ethics committee.

In separate letters seen by TheCable, the duo urged Kaba Niale, chairman of the AfDB board of governors, to follow laid down processes to protect and preserve the bank.

“The call for an independent investigation of the president is outside of the laid down rules, procedures and governing system of the bank and its articles as it relates to the code of conduct on ethics for the president,” Ahmed wrote.

In his letter, Obasanjo wrote: “Unfortunately, the US government, through the US treasury secretary, has written a public letter (that was also distributed to the press globally) to disagree with the conclusions of the ethics committee of the board of directors and the chairman of the board of governors of the bank.
Instead of accepting the exoneration of the president of the bank, they called for an independent investigation.

“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. If we do not rise up and defend the African Development Bank, this might mean the end of the African Development Bank, as its governance will be hijacked away from Africa.”

Obasanjo also advised that it is “critical” to emphasise the need for the AfDB to remain an “African-focused development bank rather than one which serves interests outside Africa.
https://www.thecable.ng/breaking-us-has-ridiculed-the-governance-system-obasanjo-zainab-ahmed-write-afdb-board

63 Likes 10 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Righteousness89(m): 4:51pm On May 28, 2020
Thank GOD we have a Leader as Chief Obasanjo Alive...

This is a Huge Ridicule on Nigeria as a Country..

276 Likes 25 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Nobody: 4:54pm On May 28, 2020
Time for another letter.

1 Like 3 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by SirToby(m): 4:55pm On May 28, 2020
Righteousness89:
Thank GOD we have a Leader as Chief Obasanjo Alive...


Thank God. OBJ is a well respected international leader.

This is Zainab Ahmed's Letter

93 Likes 11 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Righteousness89(m): 4:57pm On May 28, 2020
SirToby:

Thank God. OBJ is a well respected international leader.
Yeah! It's a Huge Plus for us as a Nation !

133 Likes 5 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Yankee101: 4:58pm On May 28, 2020
Better
Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Yankee101: 4:59pm On May 28, 2020
It's more about independence than corruption

21 Likes 2 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by slivertongue: 5:00pm On May 28, 2020
adesina says he is innocent, so let the probe go on

11 Likes 4 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by LegendHero(m): 5:03pm On May 28, 2020
Let’s see how it goes!
Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by RuddyFusion(m): 5:03pm On May 28, 2020
Well-done let's fight for our own

25 Likes 2 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by festacman(m): 5:04pm On May 28, 2020
This is a fierce battle for the SOUL of AfDB. I hope Africa wins.

Finally the issues of visionless leadership, corruption and poor management of countries' economies have come to haunt Africa. We don't even fully own our bank!

Believe me, if Akinwumi Adesina will survive this storm, two things will help:

1. His personal relationship and rapport with leaders of Germany, France, Japan and Canada well as most African countries. Even after serving under Jonathan, he maintained good relationship with Pres Buhari. He has this intellectual charm. Part of his offence is that he has virtually secured 2nd term unopposed without recourse to almighty United States.

2. The hatred which EU has for the proud narcissistic Donald Trump, the President of United States may help Adesina's case. Nigeria should exploit this to protect our candidate and image as a country.

All these letters will put diplomatic pressure on AfDB Board of Directors but if US garners the support of key non-African shareholders, Akinwumi Adesina will go because Francophone countries will always toe the line drawn by France thereby deflating Africa's resistance. In addition, I don't trust South Africa to protect Nigeria's interest.

75 Likes 3 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by michlins(m): 5:04pm On May 28, 2020
America will always try to bully everyone.

Once you don't buy into their idea, you become corrupt

127 Likes 5 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by surgical: 5:08pm On May 28, 2020
Yankee101:
It's more about independence than corruption
it is not a corruption issue,but ethics

31 Likes 1 Share

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by gomol: 5:23pm On May 28, 2020
The call for an independent investigation is to bring in their puppets to indict him

74 Likes 3 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by AhoadaRivers: 5:31pm On May 28, 2020
Let him face the charges, if he is clean he will come out unscathed.

8 Likes 2 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by seunmsg(m): 5:34pm On May 28, 2020
This is a welcome development. Africa must unite to stop the attempt by US to impose a stooge as president of the bank. Kudos to president Obasanjo and the FG of Nigeria for this promt intervention. Hopefully, ECOWAS and Africa Union will also take similar position as the FG of Nigeria. This is a fight for the development, progress, and freedom of Africa and not Adesina’s fight alone.

125 Likes 6 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Iamgrey5(m): 5:35pm On May 28, 2020
surgical:
it is not a corruption issue,but ethics
Ethics is also seen as corruption.

Corruption is not only money laundering

15 Likes 2 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Iamgrey5(m): 5:37pm On May 28, 2020
Independent investigation led by America is somewhat suspicious tbh

7 Likes

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by seunmsg(m): 5:48pm On May 28, 2020
slivertongue:
adesina says he is innocent, so let the probe go on

The bank’s internal procedures are clear, it is only the ethics committee that can investigate the president. The ethics committee probed him for three good months and found nothing, that should be the end of the matter. If the US want another investigation, there must be an amendment to the rules and regulations of the bank. Corruption cannot be fought through illegality. An independent investigation of the president is in violation of the banks rules, regulations and governance system.

178 Likes 21 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Ernerstdavid55(m): 5:50pm On May 28, 2020
angry

1 Like 1 Share

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Hndrrxxx(m): 5:50pm On May 28, 2020
We'll listen to them maybe when they stop laundering our money abroad

2 Likes 2 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by jericco1(m): 5:50pm On May 28, 2020
Someone should summarize for me angry
Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by smokeyupu(m): 5:50pm On May 28, 2020
Greatest
Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by weblord1900: 5:50pm On May 28, 2020
He should be investigated. Maybe U. S saw something they didn't see. Investigation is not a bad thing

2 Likes

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by rawtouch: 5:50pm On May 28, 2020
wink

letter writer
Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by AroleOduduwa2: 5:51pm On May 28, 2020
I love obj, he's the best president that ever ruled this country, he doesn't mince words, very direct and on point.

52 Likes 4 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by datola: 5:52pm On May 28, 2020
Let's see how this turns out between Africa and hawks of The Bretton Woods Institutions.

2 Likes

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by ziqos: 5:52pm On May 28, 2020
Alright

GOOD DAY NAIRALANDERS



GOOD DAY NAIRALANDERS

IF YOU CAN STAKE HIGH ON A LOW ODD SURE GAME MESSAGE ME NOW ON WHATSAPP OR CALL

@ => 090.13.5.72.257

GAME TYPE ; HT/FT
GAME Is AVAILABLE AT PAYMENT AFTeR Win


Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by Jakemedg(m): 5:52pm On May 28, 2020
What is all this noise about AfDB and the US investigating Adeshina. If the AFDB boss is free of any charge then there's absolutely nothing to be afraid of unless he's got skeleton in his cupboard.
Saying the US is trying to impose a stooge isnt necessary. Akinwumi Adeshina's innocence will be affirmed by US investigators or independent investigation report at the end of the day.He also stand to gain more trust within AfDB,Africa and all concern

5 Likes 4 Shares

Re: Obasanjo, Zainab Ahmed Writes AfDB, Says U.S Has Ridiculed The Governance System by ThereIsHopee: 5:52pm On May 28, 2020
Wow!

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

Pantami Can No Longer Enter UK, USA, EUROPE - Deji Adeyanju / Dino Melaye Shares His Convocation Pictures With His Parents And Others / FFK Slams Peter Obi For Claiming He Won The Presidential Election

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.