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Subject:
From:
Sheikh Tejan Nyang <[log in to unmask]>
Reply To:
The Gambia and related-issues mailing list <[log in to unmask]>
Date:
Sat, 28 Apr 2001 14:16:12 +0100
Content-Type:
text/plain
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Baks, fyi

Ebrima Ceesay wrote:

> Gambia-L:
>
> The unedited e-mail below, is an old mail sent by one of my sources in The
> Gambia, on the 24th March 2001. It is stale now, but I thought it is still
> important to send it, just for the record.
>
> Ebrima
>
> _________________________________________________________________
>
> >To: [log in to unmask]
> >Subject: Yahya Jammeh is selling Kairaba Hotel : WHY?
> >Date: Sat, 24 Mar 2001 03:50:02 -0000
> >
> >Ebrima,
> >Yahya, who purchased Kairaba for a little over $5 million barely a year
> >ago, has quietly place the hotel on the real estate market for sale. Why?
> >Because of the following reasons: (a) He is now finally convinced that he
> >cannot survive the renewed international pressures brought to bear on his
> >regime from the Commonwealth, the UN, the British Gvernment and other
> >organisations.  His regime will certainly fall come next elections (b) the
> >projected revenue stream that his accountants and business associates
> >predicted has not been realised because the projected occupancy rates have
> >proven to be a serious over estimation based on overly optimistic
> >assumptions and (c) he is now strapped for cash to settle his liabilities.
> >However, he will have the shock of his life when he realises that those
> >with the means will not be interested in investing in the Gambia much more
> >a hotel owned by an international outcast and corrupt individual like Yahya
> >Jammeh.  Potential investors are also aware of the fact that buying any
> >thing owned by Yahya Jammeh only to be reclaimed by the rightful owners
> >i.e. by the Gambian people is a total waste of money.
> >
>
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