The new Gambian government, headed by Mr. Adama Barrow, has accused Mr. Jammeh of large-scale fraud, including theft of public funds during his 22-year rule, which was terminated via an electoral defeat in December and subsequent exile in January.
The Gambian government has confiscated assets 86 bank accounts and 131 properties owned by the country's former dictator, Mr. Yahya Jammeh, as investigations into his illegally acquired wealth intensifies.
This was disclosed by the country's Justice Minister, Mr. Aboubaccar Tambedou, on Monday. The new Gambian government, headed by Mr. Adama Barrow, has accused Mr. Jammeh of large-scale fraud, including theft of public funds during his 22-year rule, which was terminated via an electoral defeat in December and subsequent exile in January.
Since being forced into exile, Mr. Jammeh has fallen off the radar and has continually avoided answering journalists' queries about the accusations against him.
"The government has obtained a court order to freeze and place temporary hold on all of Jammeh's known assets and companies directly linked to him," Mr. Tambedou said.
A total of 14 companies registered in the former dictator's name were confiscated along with livestock and cars. The Solicitor-General of The Gambia, Mr. Cherno Marenah, disclosed that a commission of inquiry would be set up in June to decide what will become of the seized assets.
Mr. Jammeh, disclosed the Solicitor- General, withdrew an estimated $50 million from the country's Central Bank between 2006 and 2016. This sum funded his lush lifestyle complete with a private jet, a mansion in the United States and a fleet of luxury cars.
An investigation by Reuters in 2012 and 2013 discovered $8 million in a bank account opened in the name of the Jammeh Foundation for Peace, an alleged charity he founded. It was also discovered that the money flowed into Mr. Jammeh's private accounts, not to any project undertaken by the foundation.
The country's Justice Ministry has also opened investigations into the purported charity.
Home
news
Gambian Government Confiscates 86 Bank Accounts, 131 Properties Owned By Former Dictator, Yahaya Jammeh
Wednesday, 24 May 2017
Gambian Government Confiscates 86 Bank Accounts, 131 Properties Owned By Former Dictator, Yahaya Jammeh

Share this with short URL Get Short URL
Related Posts
US Jails 3 Nigerian Fraudsters 235 Years Three Nigerian scammers who befriended many of their victims on dating sites have bee
Beyonce tribute act 'Beeyonce 'sent online death threats A Beyonce tribute act has received death threats ahead of a Durham Pride perfo
Gunmen Murder Enugu Deputy Governor's ADC The aide-de-camp of Enugu State Deputy Governor, Mrs Cecilia Ezeilo, has been killed b
Frustrated Nigerian Youths Call For National Revolution Some Frustrated Nigerian youths have been expressing their frustrations about the faili
Tanker drivers burn 2 banks in Lagos after policeman kills colleague (Photos) Tanker drivers burn 2 banks in Lagos after policeman kills colleague (Photos) Angry t
Buhari Names Osinbajo 'Coordinator Of Nation's Affairs,' Not 'Acting President' A letter sent by the president to the Senate, notifying lawmakers of his trip, however
Subscribe to:
Post Comments (Atom)
Social Media
Popular Posts
-
Kim Kardashian has admitted she already knew on her honeymoon with Kris Humphries that their marriage would fail.
-
A gang of women kidnapped a man and raped him for three days while force-feeding him energy drinks, police said.
-
A hunter claims to have hunted a giant frog dubbed 'Frogzilla',in a pond on a ranch near Batesville, Texas
-
Pictures show the lavish mansion Donald Trump will be spending Thanksgiving in this year.
EmoticonEmoticon