In Matter of the Alleged CBG D11.1M Bribery, Board Reportedly Takes Major Decisions

The Central Bank of The Gambia Building in Banjul

Trusted sources have told The Alkamba Times (TAT) that the Board of Directors of the Central Bank of the Gambia (CBG) recently took two major decisions relating to the reported D11.1million bribery.

TAT was informed that the CBG Board at its last meeting urged the management to extend the administrative leave of Abdou Ceesay, bank staff, and the prime suspect, and to launch investigations into operations at the CBG vault.

“I can confirm to you that two major decisions have been taken by the Board of Directors of the CBG. They have instructed that Abdou Ceesay should be sent home, and an investigation is launched on the operations at the vault”.

Ceesay was asked to return to work, but the Board was not happy with the decision, and has instructed that his administrative leave be extended, the source added.

TAT made efforts to contact the CBG senior management to shed light on the reported development but did not receive a response.

However, a senior Officer at the CBG, confirmed the extension of the administrative leave of Abdou Ceesay, but would not comment beyond that.

It would be recalled that on 16 February 2022 TAT reported the allegation that D155 million in old and mutilated banknotes were deposited at the CBG, and that D11.1million was given as a bribe to bank staff to facilitate changing the mutilated banknotes into good banknotes.

TAT saw a letter containing this claim from the Solie Law Chambers which was sent to the Central Bank authorities, and both the CBG management and police subsequently got involved and launched investigations, the results of which are yet to be made public.

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Mr. Sainey M.K. Marenah is a Prominent Gambian journalist, founding editor The Alkamba Times and formerly head of communications at the Constitutional Review Commission (CRC) and Communications and PR Consultant for The Gambia Pilot Program, under Gamworks. Mr. Marenah served as the Social media Strategist and Editor at Gambia Radio and Television Services. He is also the Banjul Correspondent for Voice of America Radio. Sainey is a human rights and developmental journalist who has carved a strong niche particularly in new media environments in the Gambian media industry. Mr. Marenah began his career as a junior reporter with the Point Newspaper in the Gambia in 2008 and rose through the ranks to become Chief correspondent before moving to The Standard Newspaper also in Banjul as Editorial Assistant and head of News. He is a household name in the Gambia’s media industry having covered some of the most important stories in the former and current government. These include the high profile treason cases including the Trial of Former military chiefs in Banjul in 2009 to 2012. Following his arrest and imprisonment by the former regime of President, Yahya Jammeh in 2014, Marenah moved to Dakar Senegal where he continues to practice Journalism freelancing for various local and international Media organization’s including the BBC, Al-Jazeera, VOA, and ZDF TV in Germany among others. He is the co-Founder of the Banjul Based Media Center for Research and Development; an institution specialized in research and development undertakings. As a journalist and Communication Expert, focused on supporting the Gambia's transitional process, Mr Marenah continues to play a pivotal role in shaping a viable media and communications platform that engages necessary tools and action to increase civic participation and awareness of the needs of transitional governance to strengthen the current move towards democratization. Mr. Marenah has traveled extensively as a professional journalist in both Europe, Africa and United States and attended several local and international media trainings.

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