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Gambia ‘Freezes’ International Assets of Former Dictator Yahya Jammeh

The government of Gambia is working towards freezing all international assets that the former President Yahya Jammeh owns, reports SMBC.

The West African nation has reached out to the US. Embassy and the American Justice Department, to assist in seizing the former leader’s international wealth including a 3.5 million USD mansion in the US.

Jammeh is said to own businesses and homes across the globe including mansions in France, Eastern Europe, Morrocco, United Arab Emirates and Qatar.
“The government will be going after all of these properties and as investigations continue into his transactions and businesses, all of his hidden assets will be discovered,” the official, who we cannot name because he is not authorized to speak, told SMBC.

Jammeh is suspected to have mismanaged billions during his 22-year rule. Jammeh lived a lavish lifestyle often giving away millions as gifts to musicians and actors from around the world. While fleeing the Gambia, he said to have shipping luxury cars and goods on a Chadian cargo plane.

Gambia’s first anti-graft move against Jammeh on Monday, secured a court order freezing his local assets, which affected 14 companies and 88 bank accounts, and saw some 130 landed properties put under state custody.

Jammeh lost elections to opposition rival, Adama Barrow last year December. Jammeh fled the country to Equatorial Guinea after a briefly refusing to hand over power but the West African troops deployed to flush him out of the capital, Banjul.

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