Gambia’s ousted President Yahya Jammeh stole D2 billion ($50 million) from pensioners fund through the social security administration, authorities in the impoverished nation said.
“The Jammeh APRC administration has dipped its long arm into the worker’s pension funds through rampant executive directives to the management of SSHFC,” Finance Minister Amadou Sanneh said.
Jammeh stands accused of taking off to Equatorial Guinea with at least $12 million, a sum gathered in the last two weeks of his stay in power.
“All these expenditures were out of the ordinary worker’s accumulated pensions fund.” said Sanneh.
Pensioners are some of the least paid in The Gambia, earning not more than D350 ($8.00) a month.
Gambian authorities have vowed to recover billions stolen by the ex-longstanding autocratic ruler and his henchmen.
“Even if it means going to Equatorial Guinea to bring some back, we will to make sure our stolen monies are recovered and they are brought to justice,” Fatty said.
Jammeh has left the Gambia struggling with a debt of more than D48.3 billion.
Jammeh, who has been accused of rights abuses and corruption reportedly has a net worth of $1.9 billion, equivalent to the debt owned by the peanut exporting nation.