The Chief Executive of Royal Africa Holding, Ebrahim Sanyang has denied reports that former Gambian leader, Yahya Jammeh has used his company to launder money and engage in fraudulent activities.
Gambian authorities seized at least eight subsidiaries of the company, listing Jammeh and his brother, ex-Ambassador Ansumana Jammeh as part owners.
Sanyang said in a statement that the Justice Department freezing the assets of the company was wrong as it distances itself from Mr. Jammeh.
Gambia’s new government is accusing Jammeh of siphoning billions during his rule and say he fled the small West African state with some $50 million to Equatorial Guinea.
Royal Africa Holding is faulting the Justice Department for not following due process and says its reputation in hurting. The Justice Department made a publication listing the company among 14 that were reportedly linked to Jammeh.
“The reputation of our company and directors deserves a fair justice dispensation, credibility, and transparent investigation and guaranteed legal due process to ensure that justice was done and seen to be done equitably. Unfortunately, this publication did not deliver fair justice for us,” Sanyang said.
According to a statement released by the company, they were not contacted prior and are taken aback by the claims of the company being used by the ousted autocratic ruler for his illicit transactions.
The Gambia’s Attorney General says the Justice Department is preventing the erstwhile military-backed strongman from liquidating or dissipating them so as not to cause prejudice to the state should there be adverse findings made against him.
Three of Jammeh’s brothers have been released on bail after being charged by the police for selling some cows from Jammeh’s farm in Kanilai.
Gambian authorities are in a race to have Jammeh’s foreign assets also seized, including a $3.5 million mansion in the Washington suburb of Potomac.