AU High Representative for Infrastructure Development in Africa, on June 5, voiced his support for embattled African Development Bank (AfDB) President Akinwumi Adesina.
In a statement, Raila stated that the allegations levelled against the president were attempts to derail and disrupt the institution's functioning.
"We reject this attempt to operate outside the laws governing the operations of the bank. If not checked, they can destabilize a well-functioning institution at a time the continent needs it the most," he noted.
The AU special envoy added that the allegations had been investigated by the bank's Executive Board through its relevant committee and were determined to be baseless.
"However, a few individuals who were not satisfied by the Board's findings and determination decided to pursue the issue outside the Bank's processes and procedures by calling for an independent inquiry," he added.
Adesina, who is seeking re-election in August, was on Thursday, June 4, cleared by an internal investigation agency over improper conduct.
However, the United States, AfDB’s second-largest shareholder, has demanded a new independent probe into the former Nigerian minister for agriculture.
Raila observed that under the leadership of President Adesina, the AfDB had made huge strides, among them being the historic achievement of doubling its capital in 2020.
"President Adesina has prioritised Africa's Agenda 2063 and the Continental quest for transformation, particularly through investment in Agriculture, infrastructure development, and continental integration, among other areas that are dear to us," he stated.
He expressed his support for leaders in Africa and around the world who had spoken up in support of President Adesina's leadership.
"We have faith in him as a proven and experienced leader who's prioritizing Africa's development and who has proved his ability to guide the Bank effectively and honourably during this critical time for Africa.
"Mr. Adesina has proved his deep belief in lifting Africans out of poverty through a deep understanding of development issues and economic and political reform," Raila noted.
He further urged those who have these misguided agendas to cease and desist.
"This is the time to stabilise AfDB, not destabilize it," he affirmed
