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Monday, May 22, 2017

Gambia Ex-President´s 131 landed, 88 Bank Accounts & other assets freezed

Speaking to journalists in a news conference in Banjul, the Attorney General and Justice Minister of the Gambia, Hon Ba Tambadou has on Monday confirmed obtaining a court order freezing or placing a temporary hold on the known assets of the Former President Jammeh and companies directly associated with him.
The freezing order according to Justice Minister, affects 131 landed properties held in the personal name of the Former President or companies directly associated with him, 88 different bank accounts, 14 companies and number of livestock purportedly belonging to former President Jammeh.
The court order of such magnitude is the second time in seven years after the same high court in 2011 ordered the freezing of millions of dollars worth of Libyan assets.
The then seized of Libyan government, which were not named in court involved a investment company owns a multi-million dollar five-star hotel, the Jerma Beach, the Laico Atlantic Hotel in the capital, Banjul, said to be worth $18m, and Dream Park, a children's amusement park.
Former President Jammeh is currently taking refuge in Equatorial Guinea, after left with no choice by the ECOWAS military forces in the aftermath of the last December election, which he lost to current President Adama Barrow.

1 comment:

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