Economics

Mnuchin Demands Independent Probe of African Bank President

U.S. has ‘deep reservations’ about ethics commitee findings
Bank chief Adesina is only candidate for president this year

Akinwumi Adesina
Photographer: Jason Alden/Bloomberg

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By Samuel Gebre and Baudelaire Mieu

May 24, 2020 at 11:42 AM EDT

Updated on

May 25, 2020 at 6:14 AM EDT

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U.S. Treasury Secretary Steven Mnuchin rejected plans by the African Development Bank’s board to end an investigation into its president, Akinwumi Adesina, and called for an independent probe into allegations against him.

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