Several luxury cars and planes belonging to former President of The Gambia, Yahya Jammeh have been put on sale by the current government to off-set debts incurred by the former leader.
Jammeh ruled the West African country for 22 years and was forced out of office in 2017 after he lost the 2016 presidential elections to current leader, Adama Barrow.
But the former leader who is now living in exile in Equatorial Guinea incurred a lot of debts, according to the government and selling off some of the properties he bought with state funds is the best option in reducing the rising debt.
The country’s finance minister, Amadou Sanneh told Reuters that “The fleet of expensive vehicles at State House and the three planes bought by former president Yahya Jammeh have been put on sale, my ministry will soon start publicising the sales.”
Gambia’s President, Adama Barrow is currently struggling to rebuild the broken economy of the country due to its debt stock with many of the borrowing sanctioned by the Yahya Jammeh regime during his tenure.
The country has been warned by the International Monetary Fund to avoid further borrowing to control its debt portfolio.
Jammeh is also accused of siphoning over $100 million before leaving office with investigations still ongoing to retrieve these stolen funds.
Source: Africafeeds.com
