Fellow Gambians,

Missing millions ... these are the issues that should be discussed on the net, not veils. Veils have nothing to do with the development of the nation. Veils do not slow down the engines of the economy. No research has ever found that veils deteriorate human welfare. Gays and lesbians are produced under the banner of tolerance and freedom. Laws and rules are often revisited to allow tolerance and freedom to survive and grow.

Our problem in Africa is not whether muslim school girls should veil or not, and it is not whether Africans should approve gay bishops or not. Our problem is corruption that produces and maintains disease, illiteracy and hunger across the continent.

Some Africans corrupt to spread disease and keep others sick so that they can make moeny. some make moeny by grooming illiteracy.  Yet above all, others corrupt and loot the loans and contracts entered into by nations so that the nations may remain sick, illiterate and hungry. 

We should work hard to minimize corruption by making sure that those who commit it do not go indemnified.

Thanks

 



 

>From: Momodou Camara <[log in to unmask]>
>Reply-To: The Gambia and related-issues mailing list <[log in to unmask]>
>To: [log in to unmask]
>Subject: Re: From Gambia-l archives - Missing Millions
>Date: Tue, 12 Aug 2003 13:21:11 -0500
>
>From NewAfrican
>
>
> There is a new twist to our story of January 1997 on Gambia's missing
>millions. We revealed that $3m had been stashed away in a secret bank
>account in Switzerland.
>
> The man who banked the money was Captain Ebou Jallow, who had earlier
>resigned after falling out with the Gambian
> military junta before going into exile.
>
> He claimed that the money had been transferred by the Central Bank of
>Gambia to the Credit Lyonnnais Suisse bank in
> Geneva on the express instructions of the Head of State President Yahya
>Jammeh. Jallow had been a close confidant of
> Jammeh and said that he had a full power of attorney and had transferred
>the money on Jammeh's behalf.
>
> This was the point at issue when the case was brought to trial one year
>later in a Geneva court. The Swiss court found against
> Jallow and ruled that he should forfeit the $3m held in his account. It
>also ruled that the money should be paid back to the
> Gambia government in due course.
>
> Jallow was ordered to pay all costs including 90,000 Swiss francs in court
>fees.
>
> The fate of the $3m has now finally been decided in favour of the Gambian
>government, but Gambian opposition leaders have
> pointed to other amounts which also mysteriously vanished into foreign
>bank accounts at about the same time.
>
> Ouasinoe Darboe, the leader of the United Democratic Party, has frequently
>questioned a further sum of $21.7m which were
> held at Citibank (Switzerland) and Citibank (New York). Darboe alleges
>that these amounts were deposited by Jallow in
> accounts under the name of the then military ruler Yahya Jammeh.
>
> The money had originally come from Taiwan and President Jammeh had sent
>Jallow to sign the loan agreement on behalf of
> the Republic of Gambia. The loan was released in two instalments. The
>second valued at $30m was sent to the Citibank in
> New York into a special development account.
>
> At the same time the Governor of the Central Bank of Gambia was instructed
>to write to the Taiwanese government to
> confirm receipt of the loan funds. Yet it was clear that the funds had not
>arrived in the Gambia.
>
> A manager of Credit Lyonnais Suisse, Phillipe Bidawid later confirmed that
>he had discussed with Jallow how some of this
> money could be transferred into personal accounts of the military rulers.
>
> Though the Geneva court has dealt with the $3m, the fate of the still
>greater amounts of Taiwanese loan money has still not
> been satisfactorily revealed.
>
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