Gambia: $50m of state money stolen by ex-President Yahya Jammeh
Gambia: $50m of state money stolen by ex-President Yahya Jammeh: The former President Yahya Jammeh has been accused of withdrawing at least 50m dollars via a state telecoms company.
A court order has frozen all his remaining assets in Gambia. The former President Jammeh had flown to Equatorial Guinea after spending 22 years in power. Mr Jammeh had lost an election in December and only agreed to step down after regional powers sent in troops threatening to force him out.
According to reports luxury cars along with other items were loaded on to a Chadian cargo plane as Mr Jammeh left the country. This amount was initially suggested to be more than $11m (£8.8m) by Interior Minister Mai Ahmad Fatty then an aide to new President Adam Barrow.
However on Monday, Justice Minister Abubacarr Tambadou had said that between 2006 and 2016 $50m had been withdrawn by Mr Jammeh.
Mr Jammeh has also been accused of directing the “unlawful withdrawals” from accounts which were held at Gambia’s central bank, which were linked to the state-owned Gamtel either “personally or under his instructions“.
Mr Tambadou had said that a court order has frozen or temporarily held 88 accounts and 14 companies linked in some way to Mr Jammeh. All of this amounts to all the politician’s “known assets” which are remaining in Gambia. This step is taken at a time when the country’s new administration sought to prevent him “liquidating or dissipating” anything further.
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