Gambiaj.com – (BANJUL, The Gambia) – Gambian Accountant General Agnes Macaulay has confirmed that a total of D6,266,000 was generated from the sale of former President Yahya Jammeh’s assets, but warned that tracking the full proceeds remains a challenge due to the complexity of the accounts involved.

Testifying before the Special Select Committee on the Sale of Jammeh Assets, Macaulay explained that while D2,494,262.50 was transferred to the Consolidated Revenue Management (CRM) account, the remainder was spread across multiple sub-treasury accounts. She said the arrangement, designed for operational convenience and traceability, made it nearly impossible to directly route funds from every sale to a single account.

“The activity came at a time when these accounts were in existence, and it was impractical to direct every deposit straight to one account,” Macaulay told the committee. She noted that the sub-treasury accounts were initially set up to handle operations nationwide, and funds from sales of tractors and vehicles were automatically channeled to the CRM sector.

Macaulay also revealed that, while the sales proceeds were included in the consolidated government audit, there has never been a dedicated audit specifically on the recovery accounts created for Jammeh’s assets. “Our involvement is limited to opening accounts and reconciling submitted funds,” she said. “We did not come across documentation guiding how these deals were to start, and we were not involved beyond what was within our remit.”

The Accountant General’s testimony exposes persistent accountability gaps, with questions about how the full amount generated from the sale of Jammeh’s assets can be accurately reconciled. Committee expressed concern that with funds moving across multiple accounts, achieving complete traceability remains a daunting task.