Yus, thanks for the update. The truth how ever stifled, shall rise up and be acknowledged. Chi Jaama Joe Sambou >From: Y C Jow <[log in to unmask]> >Reply-To: The Gambia and related-issues mailing list ><[log in to unmask]> >To: [log in to unmask] >Subject: Some Details About The Jallow/Swiss Issue >Date: Wed, 28 Nov 2001 18:16:53 EST > >I managed to find some details. Ebou apparently returned $3 Million >Dollars >but there is still more that is missing. > >My opinion is that there was more money they stole. This is the text I >found: > > >GAMBIA >NEW AFRICAN MARKET > > >Gambia regains missing millions > >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. > ><<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>> > >To view archives of postings, go to the Gambia-L Web interface >at: http://maelstrom.stjohns.edu/archives/gambia-l.html >To contact the List Management, please send an e-mail to: >[log in to unmask] > ><<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>> _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp <<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>> To view archives of postings, go to the Gambia-L Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html To contact the List Management, please send an e-mail to: [log in to unmask] <<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>>//\\<<//\\>>