Saturday, October 5, 2024

Jammeh Foundation for Peace Hospital Received Monthly Subvention From Former Government -GTBank Boss

- Advertisement -

By Fatou Sowe

Mr. Ayodele Bolaji, Managing Director of Guaranty Trust Bank has revealed to the Janneh Commission that the former government was depositing a monthly subvention of D3 Million in one of the Jammeh Foundation for Peace Hospital’s accounts at The Guaranty Trust Bank.

- Advertisement -

Bolaji said the account was opened on February 5, 2006, and the signatories were Kebba Manneh, Cherno Camara, Mr. Jassey, and Dr. Alieu Gaye and that the account was operating until they got a court order to freeze it.

He further revealed that there were three dalasi accounts and that sometime ago the bank received a letter informing them about the change of name of the hospital to Bundung Maternal Child Health Hospital.

Documents relating to the JFP accounts were tendered and admitted in evidence.

- Advertisement -

Mr. Bolaji further stated that there were two other dalasi and a dollar account for JFP and the first transaction on the dalasi account was make on November 27, 2015 which was frozen and the last transaction was January 4, 2016, leaving a balance of D1, 119.06.

He added that the balance on the dollar account was $8,340 and the first transaction on that account was made on October 30, 2015 and the last transaction was made on January 5, 2016.

According to him, there was a total deposit of $200,000 which was converted to dalasi; adding that the balance in the dalasi account was converted to dollar on January 4, 2016 and that the sum of $40,000 was withdrawn by one Yamundow Njie.

He added that on January 3, 2017, the sum of $200,000 was transferred to Central Bank of the Gambia CBG account in sequence and was converted to dalasi.

- Advertisement -

According to him, another dalasi account was opened on April 22, 2009 while another one was opened on July 11, 2015; adding that a dollar account was also opened on January 24, 2015 and there was a total deposit of D28, 869,260.20 and the balance is D323, 274.78, and the last transaction was on March 15, 2016.

He said on February 8, 2017, the sum of D452, 950 was transferred to Trust Bank and $9, 000 was deposited into the dollar account of Staff Welfare Account which is now Bundung Maternal and Child Health Care and the signatories are the staff and is still operational.

Account opening information, statements of accounts and some transactions for both JFP and PEGEP were admitted as exhibits.

Popular Posts