Reports reaching our Paris news desk from the Gambian government circle, reveal how one of Africa's ruthless dictators, ex-President Yahya Jammeh, looted the country's treasury after a 22-year reign of terror before he was deposed in December last year in a hotly-contested presidential election.
The exiled dictator, our source revealed, operated no fewer than eighty-eight different bank accounts in his name and also in the name of his associates.
Also, no fewer than 14 companies were used by the Gambian exiled dictator to divert government funds.
Jammeh, our source further revealed, often took over businesses from the real owners especially when such businesses were successfully operating in the country.
In the course of using state resources to enrich himself no fewer than a whopping $50 million disappeared from the state's coffers using the state-owned telecommunications company (GAMTEL) without any trace when he held sway in the tiny West African nation.
Former President Jammeh was also said to have made embarrassing withdrawals from the country's apex bank up to the tune of millions of dollars which were allegedly stashed away in foreign bank vaults.
The looting is said to have plunged the country into a serious economic mess which tells on the citizenry resulting in massive unemployment in the country thus forcing Gambians to leave the country in droves in search of greener pastures abroad.
Meanwhile, the Government of President Adama Barrow, our source said, has taken urgent steps to recover some of the looted funds by contacting the countries where the loot have been kept while freezing some of his known assets and also a temporary ban on withdrawal from the various bank accounts traced to his name.
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