This leaves a difference of 160,350,000 CFA francs unexplained – a gap that casts doubt on the government’s declared commitment to transparency.
Gamcel remains insolvent, posting a debt-to-asset ratio of 4.54—an indication of severe financial distress. The mobile operator has rapidly lost customers
To remain viable and competitive, GAMPOST must diversify into innovative products that meet modern demands and adapt to a rapidly changing service landscape.
The Gambia has recorded a fiscal deficit of GMD 1.455 billion in the first quarter of 2025, according to the latest Budget Performance Report
Mustapha A.B. Sarr revealed that he received his full salary throughout 2023 despite being on a year-long leave to contest the local government elections.
Under cross-examination by Lead Counsel Patrick Gomez, Ndow admitted that many deposits into his personal bank account remain unjustified.
While Sonko claimed to have overseen the Council’s administration, he acknowledged being sidelined on key financial decisions.
These bonds will serve as the swap securities for the transaction, providing long-term funding to support strategic road projects across the country.
The court annulled the most serious charge: “association de malfaiteurs en bande criminelle organisée” — criminal conspiracy within an organized gang.
During his testimony, Sanneh acknowledged that the council had taken out various loans and overdrafts primarily to cover staff salaries.
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