Friday, March 14, 2025

‘Yahya Jammeh unlawfully withdrew D189M from SSHFC’ – AG Tambadou

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Abubakar Tambadou, Gambia’s Attorney General and Minister of Justice has revealed that between 2006 and 2017, former President Yahya Jammeh personally or under his instructions directed the unlawful withdrawal of at least D189,000,000 from funds belonging to Social Security and Housing Finance Corporation (SSHFC).

Speaking during a press briefing at the Ministry’s head office in Banjul, Minister Tambadou also announced that the government has obtained a court order freezing or placing a temporary hold on the known assets in the country of former President Yahya Jammeh and companies directly associated with him.

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He said the application for the freezing order was necessitated by the discovery of unauthorized withdrawals of millions of dalasis and foreign currencies by former President Yahya Jammeh.

“Preliminary investigations have revealed that between between 2013 and 2017, former President Yahya Jammeh personally or under his instructions directed the unlawful withdrawal of at least $50,000,000 from Special Projects Fund and International Gateway Accounts at the Central Bank of The Gambia” he said.

He said the freezing order is meant to prevent former President Yahya Jammeh from liquidating or dissipating assets held in his personal name or his assets held in the names of his close associates or agents so as not to cause prejudice to the State should there be adverse findings made against him by a court of competent jurisdiction which may require the recovery of assets and monies from him by the State.

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