Former legal adviser of the Asset Management and Recovery Corporation (AMRC), Chukwuaa Agb, yesterday testified before Justice Emmanuel Nkea of the Special Criminal Court in
The accused persons are Abdoulie B. Tamba, former managing director of the corporation, Abdoulie Dibba, former commercial director of the corporation, and Yusupha M. Jaiteh, former acting director of finance of the corporation.
Mr Chuwkwuaa testified and told the court that he was the legal adviser of the corporation, and he gave them legal advise to that effect.
He admitted knowing all the three accused persons, stating that a week later when he joined the corporation, the 1st accused who was the then MD of the corporation gave him a report and directed him to go through the said report.
Designated as the sixth prosecution witness (PW6), Mr Chuwkwuaa added that he then invited comments from the 2nd accused, Abdoulie Dibba.
He identified the said report that was already exhibited in court.
He further stated that the 2nd accused informed him that with the exception of the 1st recommendation of exhibit D, he was adopting the report.
The 3rd accused promised to give his version but he never did so, he said.
The case continues on 20 May2013.
Count one stated that Abdoulie B. Tamba, Abdoulie Dibba and Yusupha M. Jaiteh, between 2009 and 2010, at Banjul, within the jurisdiction of the court whilst holding public office, willfully and recklessly caused monetary loss to Asset Management and Recovery Corporation (AMRC) to the tune of D15, 450,000 by selling rice and cement to various individuals on credit without proper collaterals.
The charge sheet on count two stated that Abdoulie B. Tamba, Abdoulie Dibba and Yusupha M. Jaiteh, between 2009 and 2010, at Banjul, within the jurisdiction of the court whilst holding public office, willfully and recklessly caused monetary loss to the Asset Management and Recovery Corporation (AMRC) to the tune of D7,200,000 by fraudulently converting same to the use of Samcad Holding.
Count three read that Abdoulie Dibba and Yusupha M. Jaiteh, and another at large, between 2009 and 2010, at Banjul, within the jurisdiction of the court, whilst holding public office, in abuse of the authority of their office, took a loan of D67,200,000 on behalf of Asset Management and Recovery Corporation (AMRC) without the necessary approval of the Board of Directors.
Count four indicated that Abdoulie Dibba and Yusupha M. Jaiteh, and another at large, between 2009 and 2010, at Banjul, within the jurisdiction of the court, whilst holding public office, in abuse of the authority of their office, took a loan of D49,751,520, on behalf of Asset Management and Recovery Corporation without the necessary approval of the Board of Directors.
Count five stated that Abdoulie Dibba and Yusupha M. Jaiteh, and another at large, between 2009 and 2010, at Banjul, within the jurisdiction of the court, whilst holding public office, fraudulently converts to the use of Samcad Holding Ltd the sum of D7,200,000, being money belonging to the Asset Management and Recovery Corporation.
