From http://www.observer.gm

News
Lang Conteh arrested
By Malick Faye
Jan 20, 2004, 10:43


In another apparent swing of the electric broom under the “Operation No
Compromise”, Lang Conteh, the former foreign exchange manager at Central
Bank, has been arrested and detained by the police since Sunday night.

When contacted for confirmation yesterday, Inspector General of Police
Landing Badjie said, “Yes, it is true we are holding him. He was arrested
Sunday night for alleged fraud and the matter is currently under thorough
investigation and that’s all for the mean time.”
Although IGP Badjie refused to disclose location, Mr Conteh is believed to
be detained at the Fraud Squad offices, police headquarters, Banjul.

Mr Conteh is a co-proprietor of Camelot Holdings, which includes Camelot
Trading and the trendy Kairaba Avenue Camelot boutiques: Mall of The
Gambia. He was a close business associate of House Majority leader, Baba
Jobe.
Since the fall of Mr Jobe, speculation was turbo-driven in town about the
imminent arrest of Mr Conteh. He has since travelled out of town on several
occasions but has always defied anticipation and returned home and in fact
recently remarried.

Since he was removed from the Central Bank along with other top executives
reportedly at the insistence of the World Bank late last year, Mr Conteh
has been concentrating on his orchard and Camelot businesses which include
the proposed Afri FM radio station, the proposed Camelot Plaza opposite the
current mall as well as two other projects. Mr Conteh was also the chairman
of the defunct Observer Company board.

Lang Conteh, a native of Niamina Dankunku, is a qualified stockbroker and a
holder of impressive string of degrees in economics, accounting and finance.

Workers at Camelot Boutiques were unavailable for immediate comment
yesterday as the business house was closed in the late morning.

© Copyright 2003 by Observer Company

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