Yeah you got that one right those people failed you stole THREE MILLION YANKEE FROM THE POOR GAMBIAN FRAMERS. MBYE sey --- Ebou Jallow <[log in to unmask]> wrote: > Musa Jeng, > > Relax the hype...the world is not going to end > tomorrow my brother. Jammeh appointed some people > to run the Central Bank and they evidently failed > their duties to the Gambia. Consequently, Jammeh > applied the rule of law on this very issue, and > today some admitted guilt to corruption charges in a > court of law and none of them mentioned Yaya > Jammeh's name in court. The Gambia is a sovereign > state with a democratically elected president who is > accountable to the Gambian people and not the IMF. > The Gambian constitution grants him the rights of > executive privilege on matters of national security, > state secrets and the execution of the people's > business which is none of the IMF's or any damn > auditor's business. > Some of you simply live in Laputa and love creating > a storm out of a teacup. Even if Jammeh steals from > the Gambia Government ( which I doubt has ever > happened) you fools shall never ever know about it. > > Monsieur Dieng, I suggest you focus on raising some > nickles/dimes for your desperate/dysfunctional party > the PPP aka NADD. Better still you might try begging > the Gambian opposition's friend Monsieur Wade for > some of his loot from the Senegalese people. > > > Ebou Jallow > > > > > > > Musa Jeng <[log in to unmask]> wrote: > Joe: > > In layman's parlance, what this report simply put is > that APRC has mismanaged the Gambian economy and > everything in the country. Folks, they have stolen > our country's resources and anyone who really > believe that the APRC can seriously develop our > country, I am the owner of the Brokyln Bridge and I > would not mind to sell it to you. Now, I know some > of you support them for some crazy reason, but > bottom line they will never be able to put it > together, and I mean never. > > Thanks > > Musa Jeng > > > > From: Joe Sambou > > Date: 2005/09/27 Tue PM 05:44:11 EDT > > To: [log in to unmask] > > Subject: IMF on Gambia > > > > Below is the IMF report on Gambia. I wonder how > they accounted for Lang and > > Jammeh's heist from the Bank. > > > > "The Executive Directors urged the authorities, > during the Article IV > > consultation in 2004, to commission a reaudit of > the Central Bank of The > > Gambia's (CBG's) 2001 and 2002 financial > statements on terms of reference > > agreed with Fund staff. The Directors also > stressed the need for a special > > audit of foreign exchange transactions between > 2000 and 2003. These audits > > have now been completed and confirm the breakdown > of internal controls at > > the central bank that were observed during the > IMF's Safeguard Assessment > > mission conducted in November 2003. The audit > reports restate general ledger > > balances for external reserves for various test > dates between end-December > > 2000 and end-December 2003, which are > significantly lower than the > > originally recorded balances. The auditors have > issued a disclaimer > > indicating that they were unable to express an > opinion on the 2001 and 2002 > > accounts largely because of the lack of > documentation supporting several > > foreign exchange transactions." > > > > Simply put, they cooked the books. Nothing has > changed and the theft will > > continue as long as Yaya is presiding over the > criminal activity. Please > > read on. > > > > > > Public Information Notice (PIN) No. 05/121 > > September 8, 2005 International Monetary Fund > > 700 19th Street, NW > > Washington, D.C. 20431 USA > > > > > > > > IMF Executive Board Concludes 2005 Article IV > Consultation with The Gambia > > Public Information Notices (PINs) form part of the > IMF's efforts to promote > > transparency of the IMF's views and analysis of > economic developments and > > policies. With the consent of the country (or > countries) concerned, PINs are > > issued after Executive Board discussions of > Article IV consultations with > > member countries, of its surveillance of > developments at the regional level, > > of post-program monitoring, and of ex post > assessments of member countries > > with longer-term program engagements. PINs are > also issued after Executive > > Board discussions of general policy matters, > unless otherwise decided by the > > Executive Board in a particular case. The staff > report for the Article IV > > consultation with The Gambia may be made available > at a later stage if the > > authorities consent. > > > > > > On July 18, 2005, the Executive Board of the > International Monetary Fund > > (IMF) concluded the Article IV consultation with > The Gambia.1 > > > > Background > > > > The Gambia's economic performance since the > mid-1980s has been uneven owing > > to exogenous shocks, macroeconomic and structural > policy slippage, poor > > governance, and weak institutions. The economy's > vulnerability to shocks > > stems from a lack of economic diversification. In > addition, economic > > performance has been constrained by policy > distortions and by recurrent > > weaknesses in fiscal policy. Expansionary policies > have increased the > > government's recourse to domestic bank financing, > which, in turn, has raised > > real interest rates, increased the domestic debt > burden, and tended to crowd > > out private investment. > > > > In 1998, the authorities entered into a three-year > program under the > > Enhanced Structural Adjustment Facility (ESAF), > which was converted into a > > Poverty Reduction and Growth Facility (PRGF) > arrangement. In July 2002, the > > Board approved a new three-year PRGF arrangement > (See News Brief No. 02/74 > > and Press Release No. 02/32), but the first review > was not completed because > > of weak policy implementation and governance > problems. It was discovered in > > 2003 that The Gambia had misreported to the Fund > net international reserves > > by US$38.8 million at end-December 2001 and failed > to record US$28.5 million > > in government expenditures. The Executive Board > concluded that The Gambia > > had received two noncomplying disbursements, > equivalent to SDR 3.435 million > > each in July and December 2001 (See Press Release > No. 04/49). The > > authorities repaid these disbursements in 2004 in > four equal installments, > > with the last payment made ahead of schedule. > > > > The Executive Directors urged the authorities, > during the Article IV > > consultation in 2004, to commission a reaudit of > the Central Bank of The > > Gambia's (CBG's) 2001 and 2002 financial > statements on terms of reference > > agreed with Fund staff. The Directors also > stressed the need for a special > > audit of foreign exchange transactions between > 2000 and 2003. These audits > > have now been completed and confirm the breakdown > of internal controls at > > the central bank that were observed during the > IMF's Safeguard Assessment > > mission conducted in November 2003. The audit > reports restate general ledger > > balances for external reserves for various test > dates between end-December > > 2000 and end-December 2003, which are > significantly lower than the > === message truncated === Let modesty be the rule of observance. __________________________________ Yahoo! Mail - PC Magazine Editors' Choice 2005 http://mail.yahoo.com いいいいいいいいいいいいいいいいいいいいいいいいいいいいい To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html To Search in the Gambia-L archives, go to: http://maelstrom.stjohns.edu/CGI/wa.exe?S1=gambia-l To contact the List Management, please send an e-mail to: [log in to unmask] いいいいいいいいいいいいいいいいいいいいいいいいいいいいい