Justice Minister Abubacarr Tambadou told journalists in Banjul on Monday that Yahya Jammeh unlawfully withdrew over $50 million from two state accounts between 2006 and 2017.
In total, he withdrew “189,000,000 ($4m) from funds belonging to Social Security and Housing Finance Corporation … and at least $50,000,000 from Special Projects Fund and International Gateway Accounts at the Central Bank of The Gambia,” Tambadou said.
“These are only preliminary findings at this stage and all indications are that these discoveries are just a tip of the iceberg … May I state however that this list of assets frozen is by no means exhaustive,” Tambadou added.
Among the assets frozen included 131 land properties, 88 bank accounts, 14 companies and an undisclosed number of livestock.
He said the freezing of the assets is to prevent Jammeh from liquidating them while investigations are ongoing to find other assets associated with him.
Yahya Jammeh, who is in the Equatorial Guinea, has earlier been accused of embezzling millions of dollars immediately after he left the country.
_The application for the freezing order was necessitated by the discovery of unauthorized withdrawals of millions of dalasis and foreign currencies by former President Yahya Jammeh.
_For example, preliminary investigations have revealed that between 2006 and 2017, former President Yahya Jammeh personally or under his instructions directed the unlawful withdrawal of at least 189,000,000 from funds belonging to Social Security and Housing Finance Corporation.
Between 2013 and 2017, former President Yahya Jammeh personally or under his instructions directed the unlawful withdrawal of at least $50,000,000 from Special Projects Fund and International Gateway Accounts at the Central Bank of The Gambia.
Africa News
Comments
About Author
