Previously published July 30 th 2019 How Baa Tambadou Spent Yahya Jammeh Loot?

Mamos Media

Alagi Yorro Jallow
Attorney General and Minister of Justice Abubacarr Baa Marie Tambadou informed Gambian taxpayers that the Gambia Government spent GMD 50, 951, 26 to the Janneh Commission of Inquiry investigating the financial and business dealing former President Yahya Jammeh his business associates and cronies during his twenty-two tenure.
Attorney General Tambadou opined that the Janneh Commission of Inquiry began investigating Yahya Jammeh’s financial activities in July 2017. Since then, the justice minister revealed that it spent 50 951 261 on its activities, wages, and operational costs.
“We must also take note that in the course of its work, the Commission was able to generate monies from its activities including 67, 894, 170 from the sale of recovered tractors and other items as well as monies in bank accounts hidden and other landed properties discovered by the Commission,” said Baa Tambadou
Baa further cited an inquiry into Yahya Jammeh’s finances, and his level of embezzlement was amounted to around 362 million dollars. Justice Minister Tambadou added that his ministry takes all measures to advise the president on the Janneh Commission report and recommendations. He said Jammeh’s seized assets include both developed and non-developed assets.
Attorney General Tambadou declared the forfeiture of all assets and personal properties of Yahya Jammeh at a news conference. “All financial institutions in the country, especially the commercial banks, are hereby advised to take note of this action and announcement which will soon be followed by correspondence specifically addressed to each of the institutions affected,” Baa said.
The Janneh Commission of Inquiry was created to examine the economic and financial activities, liabilities, marauding, and plunder of state-owned resources of former president Yahya Jammeh during his twenty-two years of rule.
However, The Crime and Corruption Reporting Project (OCCRP), a consortium of investigative centers, media, and journalists operating OCCRP is an investigative reporting organization that specializes in organized crime and Corruption in its exclusive edition about the Gambia, captioned “The Great Gambia Heist- How Yahya Jammeh Stole a Country,” published March 27, 2019, featuring Corruption, plunder, and pillage of the Gambia’s financial resources involving former President Yahya Jammeh and his business associates uncovered mega sleaze amounting to U.S. 1 billion dollars and more, during Yahya Jammeh’s two decades of rule.
OCCRP is a consortium of investigative centers, media, and journalists operating Worldwide. Khadija Sharife has authored this Gambia report publication. Mark Anderson reported that former President Yahya Jammeh “orchestrated the embezzlement of nearly US$1 billion of public funds and illegal timber revenue during his 22-year rule, looting the treasury in a long-running conspiracy that crippled one of the world’s poorest countries”.The report was published.
However, the report further revealed that “In total, Jammeh and his associates looted or misappropriated at least $975 million. Among their biggest targets: $363.9 million from the state-run telecoms company; $325.5 million in illicit timber revenue; more than $100 million in foreign aid and soft loans from Taiwan; $71.2 million from the Central Bank of The Gambia; $60 million from the Social Security and Housing Finance Corp., which manages disability, housing, and pension payments; and $55.2 million from the state-run oil company” the reported stated.
According to the Attorney General and Justice Minister Abubacarr Baa Marie Tambadou, the Janneh Commission of Inquiry probe and investigations into the financial dealing of the former President Yahya Jammeh revealed that “Jammeh, either directly or through third parties, embezzled over 1 billion dalasis (over 20 million U.S. dollars)” in his 22 years of rule.

leave a reply