Gambiaj.com – (BANJUL, The Gambia) – A special select committee of the National Assembly has raised fresh concerns over gaps in the tracking and management of bank accounts linked to former President Yahya Jammeh, warning that weaknesses in oversight may have undermined efforts to fully secure recovered state funds.
The Committee, mandated to oversee the post-Jammeh asset recovery process and ensure transparency and accountability, identified a pattern of incomplete follow-through in handling some of the accounts.
In its March 2026 report, the Committee noted that although several accounts associated with Jammeh were identified and frozen, they were not formally closed in all cases. This, it said, has created uncertainty about their current status and whether all funds within it have been fully secured.
According to the findings, poor documentation and inconsistent monitoring have made it difficult to establish the total value of recovered assets or verify that all identified accounts were properly processed.
The report argues that these shortcomings reflect broader challenges in financial oversight during the asset recovery process. It warns that without robust tracking systems and clear record-keeping, there is a risk that some assets may remain unaccounted for.
The Committee also highlighted concerns over coordination among the institutions responsible for managing and supervising the accounts, questioning the effectiveness of existing procedures.
To address the gaps, it recommended the introduction of stronger monitoring mechanisms, improved documentation practices, and stricter enforcement of financial management protocols to ensure that all recovered assets are properly secured and accounted for.
The Committee stressed that maintaining transparency and accountability in the handling of recovered funds is essential to safeguarding public resources and sustaining public trust in the recovery process.
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