Exiled Jammeh’s private company owes pension fund over $35m: Gambia inquiry
Abdoulie Cham told the commission of inquiry chaired by Sourahata Janneh that the Kanilai Group International (KGI), registered in the name of the former president, owes the Social Security and Housing Finance Corporation (SSHFC) D 1.7 billion (US$ 35.9 million).
He said the money was given out as loans and withdrawn from several accounts including the national provident fund after an instruction by Jammeh who was then the president, local media report.
Besides KGI, some parastatals and companies including The Gambia Radio And Television Services (GRTS) and the Gambia Groundnut Corporation (GGC) also received D 37 million (USD 781,436) and D 222 million (USD 4,688,620) respectively in the same fashion.
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