AFDB President Says Corruption Not Peculiar To Africa Alone

By Ayodele Oni

President of the African Development Bank, (AFDB), Dr Akinwuni Adesina, has said that corruption is a global phenomenon and not peculiar to Africa alone.

Adesina, a former minister of agriculture, in a statement made available to the News Agency of Nigeria, (NAN) in Abuja on Saturday, was of the view that what is important is to continue to improve transparency, accountability, and the use of public resources.

According to him, “The global financial crisis that brought the world down in 2008 was not in Africa. We have no Wall Street. That collapse came from greed, from corruption, from fraud.

“You have people cooking the books that are in the financial industry in Europe, not in Africa. Corruption is not an African issue.

“The issue is that is not to say that there’s none. What you have to do is to continue to improve transparency, accountability, and the use of public resources.”