The economic crime
case involving former senior officials of the Assets Management and Recovery
Corporation (AMRC), yesterday failed to proceed at the Special Criminal Court
in Banjul before Justice Emmanuel Nkea.
The accused persons are Abdoulie B. Tamba, the former AMRC managing director, Abdoulie Dibba, the former commercial director, and Yusupha M. Jaiteh, the former acting financial director.
The case was scheduled to continue with the cross-examination of the first prosecution witness by the defence counsel, but it could not proceed.
Both parties were present in court, and it was then adjourned till 8 January 2013, for continuation of the hearing.
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 theAsset 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 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 other 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 AMRC without the necessary approval of the Board of Directors.
Count four indicated that Abdoulie Dibba and Yusupha M. Jaiteh, and other 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 the AMRC without the necessary approval of the board of directors.
Count five stated that Abdoulie Dibba and Yusupha M. Jaiteh, and other at large, between 2009 and 2010, at Banjul, within the jurisdiction of the court, whilst holding public office, fraudulently converts to the useof Samcad Holding Ltd the sum of D7,200,000, being money belonging to the corporation.
