U.S. firm to audit Gambia’s ex-dictator

U.S. firm to audit Gambia’s ex-dictator

The Government of The Gambia has hired a US-based financial consulting firm to assist the Janneh Commission in the auditing of the financial dealings of the former president and his close associates.

A source close to the Commission probing ex-President Yahya Jammeh told The Standard that three forensic accountants from a firm called FTI will assist the commission in its work.

However, information on the duration of their stay, payment agreement and terms and conditions between the firm and the government could not be divulged.

The firm was involved in the Lehman Brothers and General Motors bankruptcies, and the investigation into the Bernard Madoff fraud.

FTI Consulting is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes.

The firm specializes in financial, legal, operational, political and regulatory, reputational and transactional services.

The company prides itself on being staffed with experts recognized for the depth of their knowledge and a track record of making an impact.

It offers a comprehensive suite of services designed to assist clients across the business cycle – from proactive risk management to the ability to respond rapidly to unexpected events and dynamic environments.

Jammeh is accused of using his power to cheat the country of billions. He was defeated in an election last year by current President Adama Barrow.

The erstwhile leader was forced into exile and while existing, Barrow’s government claims he ransacked the country’s treasury of at least 50 million dollars, prompting authorities to seize his assets.

(Reporting by Standard Newspaper; Additional Writing & Editing by Sam Phatey)

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