{"id":36582,"date":"2023-06-08T08:22:55","date_gmt":"2023-06-08T08:22:55","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/vista-bank-says-bcc-owes-no-loan-overdraft"},"modified":"2023-06-08T08:54:42","modified_gmt":"2023-06-08T08:54:42","slug":"vista-bank-says-bcc-owes-no-loan-overdraft","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft","title":{"rendered":"Vista Bank says BCC owes no loan, overdraft"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>Benet Edet, lawyer and banker who testified before the Commission as representative of Vista Bank Gambia Limited, has affirmed before the Local Government Commission of Inquiry that the Banjul City Council has no overdrafts or loans at the bank.<\/b><\/p>\n

The Commission probing activities of councils has lately been hearing testimonies by representatives of banks which have been dealing with councils.<\/p>\n

Mr Edet first appeared on Monday, when he testified that he had documents relating to Banjul City Council. \u201cThat is the statement of account from the date it was opened, on the 21st of August 2002, up to 12th of June 2019, when it was closed. It was a current account,\u201d he said.<\/p>\n

He said that was the only account BCC had with the bank, and that there is no overdraft or loans owed to the bank. He said the joint signatories were Muhammed Cham, Mustapha Batchilly and Abdoulie Nyang, director of finance.<\/p>\n

Lead Counsel Yakarr Cox later realised that the statement does not contain the bank logo and was also not signed by the bank. She said: \u201cSir, just to note, the bank’s logo is not on the statement. I don\u2019t believe the name is on the statement either, and I don\u2019t believe it is stamped by the bank.\u201d<\/p>\n

The witness in his response stated: \u201cThe bank statement does not have the logo, but this is a true reflection of the statement of account issued by the bank. It is not stamped or signed. We were not aware that it should have been stamped and signed, but that can be done immediately after submission of this document.<\/p>\n

However, the Commission later asked the witness to regularise these issues (inserting their signature and letterhead in the bank statement and all other supporting documents) and tender them to the Commission for admission into evidence.<\/p>\n

Following his reappearance yesterday, he confirmed that the documents had now been stamped and signed.<\/p>\n

However, the issue of the bank\u2019s letterhead arose, as Commissioner Jainaba Bah Sambou, chairperson of the Commission, told the witness that the letterhead the statements should have contained is First International, which was the name of the bank when the transactions contained in the bank statement were made.<\/p>\n

This follows the witness\u2019 disclosure that until 2021, Vista Bank was named First International Bank.<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. Benet Edet, lawyer and banker who testified before the Commission as representative of Vista Bank Gambia Limited, has affirmed before the Local Government Commission of Inquiry that the Banjul City Council has no overdrafts or loans at the bank. The Commission probing activities of councils has lately been hearing testimonies by representatives […]<\/p>\n","protected":false},"author":84,"featured_media":36581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2355,2361,260],"class_list":["post-36582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"\nVista Bank says BCC owes no loan, overdraft - Gambia<\/title>\n<meta name=\"description\" content=\"Benet Edet, lawyer and banker who testified before the Commission as representative of Vista Bank Gambia Limited, has ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vista Bank says BCC owes no loan, overdraft\" \/>\n<meta property=\"og:description\" content=\"Benet Edet, lawyer and banker who testified before the Commission as representative of Vista Bank Gambia Limited, has ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-08T08:22:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-08T08:54:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686197531.828083.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"409\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Vista Bank says BCC owes no loan, overdraft\",\"datePublished\":\"2023-06-08T08:22:55+00:00\",\"dateModified\":\"2023-06-08T08:54:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft\"},\"wordCount\":402,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2023\/06\/sm_1686197531.828083.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/vista-bank-says-bcc-owes-no-loan-overdraft\",\"name\":\"Vista Bank says BCC owes no loan, overdraft - 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