Gambia: GT Bank MD Continues Testimony

Ayodele Bolaji, the Managing Director of Guaranty Trust Bank, yesterday continued to testify before the 'Janneh' Commission, on the various accounts opened by JFP, PEGEP and Kanilai Family Farms respectively. According to him, the signatories to the President's Empowerment for Girls Education Project (PEGEP) were Alieu Njie, Dominic Jammeh and Ramou Cole-Ceesay and the first transaction on the dalasi account was done on the 28th of July 2002, while the last transaction was done on the 12th of September 2017. He said the last debit transaction before the account was frozen, was on the 26th May 2017. Mr. Bolaji testified that there was an inflow of D166, 666.60, further stating that there was a balance of D797, 211.41. On the dollar account, he revealed that on the 8th April 2010, the first payment was made into the account with a cheque from the Taiwanese Embassy, in relation to this payment; that there was a balance of $293.19; that the last transaction was made on the 3rd June 2014. At that juncture, account opening information, statements of accounts and other related documents from these accounts were tendered and admitted as exhibits. However, Mr. Bolaji reiterated that the correct figure for the balance on JFP current account was D2, 848.37 instead of D332, 274.78.

On the APRC Fund Raising Committee Account, he said this was opened on the 9th February 2004 and the signatories were Abdou Badjie, Fatou Mbaye and Abdoulie John; that there was another fund raising account linked to the first one with the same signatories, noting that out of the three APRC accounts, one was an investment account; that the balance on the first dalasi account was D112, 282.38 while the last transaction was done on the 2nd of May 2017, but was frozen. He said the account was funded through donations. Mr. Bolaji further testified that on the 9th September 2015, there was a transfer of D255,000 while the sum of D150,000 was paid for the APRC gala dinner; that on the other dalasi account, there was no payment from the former government. According to him, the APRC Youth Account was opened on the 21st September 2016 and the signatories were Mayor Yankuba Colley, Babucarr Sowe, Abdou Badjie and Pa Sulay Faye; that the first transaction on this account was done on the 22nd September 2017 and there was a balance of D1, 968.31; that the funds were from donations.

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