AMM Finance Services allegedly robbed of D6.5M

Feb 24, 2021, 11:34 AM | Article By: Adama Tine

Officials of AMM Finance Services and Bureau De Change Ltd. have confirmed that they were robbed of over D6.5 million last Saturday.

Muhammed A. Jallow, Operations manager, AMM, Finance Services and Bureau De Change Ltd., narrated that he was robbed at Sukuta while trying to drop the money at his brother’s home by armed men dressed in all black with face masks.

He added that while he parked his car at his brother’s gate waiting to hand him the money he saw a vehicle speeding towards him. He added that he did not think they were armed robbers.

“I thought they had an emergency with the way they were driving,” he went on, saying when the men found him sitting in his car they ordered him to open the door.

He stated that he refused to open the door and the men fired two gun shots at the passenger’s side window and forcefully opened the door, hit him in the face with a big stick and went away with the money.

He said after the men hit him, he fell to the ground and cried for help but no one came to his rescue. He added that the police have promised to investigate the matter.

Mr. Jallow said the vehicle the armed robbers used was without a number plate but said he could identify the men if he sees them.

Momodou Lamin Sakho, the head of admin at AMM Finance Services and Bureau De Change Ltd., said he received a call from his CEO after midnight informing him about the incident.

He added that his CEO told him that in addition to the money, the armed robbers took three laptops.

The armed robbers he said, his CEO told him, spoke Wollof with Senegalese accent.

He described the armed robbery as well planned with Gambians a part of it.

The place the robbery took place is a one-way highway and they blocked the exit, he also said.

He noted that Gambia’s security needs to be tightened within financial institutions as well as secure way created for moving money.

Read Other Articles In Headlines
Feyifolu Boroffice
WB approves $68M to support diversification of tourism in Gambia
Jun 14, 2022, 12:07 PM

WASHINGTON, June 13, 2022– The World Bank’s Board of Executive Directors approved on June 9, a $68 million grant from the International Development Association (IDA)* to support the diversification and climate resilience of the tourism sector in The Gambia.

Alieu Momar Njie
IEC announces final Legislative Election results
Apr 11, 2022, 12:15 PM

The Independent Electoral Commission (IEC) has announced the final results of the 2022 Legislative Election in The Gambia after 24 hours since voting started across the country on Saturday morning. 

Foreign Minister Dr. Tangara, Japanese Ambassador ARAI hold talks to boost bilateral relations
Jun 10, 2021, 12:18 PM

BANJUL, 9 June 2021: The Honourable Minister of Foreign Affairs, International Cooperation and Gambians Abroad, Dr. Mamadou Tangara, on 7 June 2021 held telephone talks with the Ambassador of Japan to The Gambia, His Excellency ARAI Tatsuo. 

Makareh Badjan
IAG says GTU boss’ comments “derogatory”
Apr 29, 2022, 11:11 AM

The Insurance Association of The Gambia (IAG) yesterday in a press conference condemned the comments made by the President of the Gambia Transport Union (GTU), Mr. Omar Ceesay for labeling insurance companies as "scammers” as “derogatory”.