Serekunda, GAMBIA:  Gambia's President and leader of the Alliance for Patriotic Reorientation and Construction party, Yahya Jammeh, speaks with his wife Zineb during a presidential campaign meeting 20 September 2006 in Serekunda. Gambians go to the polls 22 September 2006 in a presidential vote expected to give incumbent Yahya Jammeh a third term as head of this tiny West African state, in the face of a weak opposition. AFP PHOTO SEYLLOU  (Photo credit should read SEYLLOU/AFP/Getty Images)

At least $400K missing from The Gambia’s Central Bank

At least $400,000 (D16.8 million dalasis) has been withdrawn from an account at the Central Bank of The Gambia but the transaction could not be suddenly traced.

The sum was withdrawn from one of the accounts being operated by the executive office of the Gambia’s ex-ruler, Yahya Jammeh.

According to the CBG Principal Banking Officer, Karamo Jawara the bank has no traces of the transaction. There were no withdrawal slips, paper work, executive orders, or a signed documentation related to the missing funds.

What is certain from Jawara’s testimony is that someone did walk into the Central Bank on November 25, 2015, and made the request for the money and it was handed over to him or her.

Jammeh’s office maintained 22 bank accounts with the country‚Äôs Central Bank, withdrawing millions of dollars from the accounts as he pleased.

His aides wrote instructions for withdrawals on sticky notes and papers, sometimes without letterheads taking more than $18.23 million in less than two years.

Comments are closed.