Shortly before leaving for exile in Equatorial Guinea, the Gambia’s former President Yahya Jammeh ran the country’s coffers dry. He withdrew D500 million dalasi from the Central Bank. It is not known how much is left in the national coffers.
“According to information we received, there is no money in the coffers,” Gambian President Adama Barrow told Senegal’s RFM. “It’s what we have been told, but the day we actually take office we will clarify all of it.”
At a press conference in Dakar at the weekend, a senior adviser of President Barrow accused Jammeh of stealing over US$11 million dollars two weeks before his final days in office.
“The Gambia is in financial distress. The coffers are virtually empty. That is a state of fact,” Mai Ahmad Fatty said. “It has been confirmed by technicians in the Ministry of Finance and the Central Bank of the Gambia.”
Yahya Jammeh, who ruled the Gambia for 22 years, lost the presidential election in December last year. He accepted defeated and congratulated his opponent Adama Barrow only to recant a week later. Mr. Jammeh’s reversal has plunged the country into weeks of political impasse.