{"id":56447,"date":"2024-04-16T18:28:36","date_gmt":"2024-04-16T18:28:36","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/inside-the-fire-sale-of-ex-president-jammehs-5-aircraft"},"modified":"2024-04-16T18:43:01","modified_gmt":"2024-04-16T18:43:01","slug":"inside-the-fire-sale-of-ex-president-jammehs-5-aircraft","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/inside-the-fire-sale-of-ex-president-jammehs-5-aircraft","title":{"rendered":"Inside the \u2018fire sale\u2019 of ex-president Jammeh\u2019s 5 aircraft"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>Yahya Jammeh ruled The Gambia for 22 years during which time he was accused of massive theft of public wealth. A state investigation into his assets which was published in September 2019 found him liable for stealing at least US$362,000,000.<\/b><\/p>\n

While in power, Jammeh procured seven aircraft, one of which was scrapped before his defeat to Adama Barrow in December 2016. The six aircraft left were one Ilyushin, two Boeing 727- 100s, two air tractors and one Bombardier Challenger 600.<\/p>\n

In May 2017 \u2014 a little under two months before the government instituted an inquiry into the assets of Jammeh \u2014 the high court of The Gambia froze his assets. But sales and use by the state of a selected number of his assets were being carried out by several institutions while investigations were ongoing.<\/p>\n

The decision to sell some of the assets while the inquiry was ongoing, according to former justice minister Abubacarr Tambadou, was to prevent their further deterioration.<\/p>\n

\u201cWe have taken the precautionary step to dispose of these vehicles and the aircraft to prevent them from deteriorating further, as a consequence, provide no real value,\u201d he said in an interview published in July 2018.<\/p>\n

\u201cIf Jammeh has any claim to title, he should come further with that claim. As far as we are concerned, these properties were purchased with state resources. They rightly belong to the state.\u201d<\/p>\n

Punching below valuation by $1.2m<\/b><\/p>\n

At least one of the early sales of Jammeh\u2019s assets was ordered by the high court. This was the sale of the livestock ordered by Justice Buba Jawo (now deceased) in January 2018. A second order was to release Jammeh\u2019s lands within the Tourism Development Area for use by the state ordered by Justice Ebrima Jaiteh in September 2018.<\/p>\n

The early decisions to sell Jammeh\u2019s assets were \u2018legally questionable\u2019 as they were \u2018controversial\u2019. Before Justice Jaiteh released Jammeh\u2019s landed properties frozen by the court, the high court judge who froze the assets declined to release them two months earlier.<\/p>\n

Justice Amina Saho-Ceesay argued that the release of Jammeh\u2019s landed properties within the TDA for use by the state without any forfeiture order from the commission was a \u201ctravesty\u201d of justice.<\/p>\n

\u201cFor the government to descend upon the respondent\u2019s properties at this point in time, in the absence of the conclusion of the criminal investigation and a subsequent order of confiscation, will, with respect, amount to nothing short of a travesty,\u201d the judge said in her ruling in July 2018.<\/p>\n

Though the aircraft were officially recorded as Jammeh\u2019s assets, a review of the file before Justice Amina Saho-Ceesay showed they were not itemised among the list of assets frozen by the court.<\/p>\n

A little under two months before Justice Amina\u2019s ruling \u2014 without any forfeiture order from the commission of inquiry and while the former president\u2019s assets were still frozen \u2014 two of his agricultural aircraft were sold to Sankajula Holding Company, a business owned by Momodou Turo Darboe.<\/p>\n

Amadou Sanneh, who was the finance minister until 29 June 2018, claimed he was not aware of the sale of the aircraft to Darboe. In 2019, Sanneh\u2019s successor, Mambury Njie, also sold the remaining three aircraft to the same buyer. The total revenue reported by the Ministry of Finance was US$740,000, punching below valuation by at least US$1.2m.<\/p>\n

As of 2018, the total indicative value of the aircraft parked on the tarmac at the Banjul International Airport, according to a desktop valuation of US-based Viridis Aviation Partners, was US$2.2m.<\/p>\n

Sale through an offer<\/b><\/p>\n

Shortly before the aircraft were sold, a former permanent secretary at the Ministry of Finance, Lamin Camara, told AFP they were working on plans to publicise the former leader\u2019s assets on a designated web portal to invite interested buyers.<\/p>\n

\u201cWhat we are doing is to design a web portal. All the assets will be put there. The information of the vehicles, of the planes, will be posted,\u201d said Camara. This was not done. Former finance minister Sanneh said the commission did not entertain the idea of his ministry\u2019s involvement in the sale of Jammeh\u2019s assets.<\/p>\n

\u201cWe were marketing the luxury vehicles and the aircraft. Later on, we were told that the commission is responsible for the sale,\u201d said Sanneh. The commission eventually recommended the sale of the aircraft in its final report published in September 2019 by which time the five aircraft were already sold.<\/p>\n

In July 2020, Mambury Njie told lawmakers that the \u201c…planes were bought through an offer made by the intended buyers and not by bidding\u201d.<\/p>\n

But Momodou Turo Darboe told The Republic: \u201cThere was a bid offer. I bid and my offer came on top. I bought the planes…\u201d<\/p>\n

Sankajula Holding Company reportedly made at least US$340,000 (D22m in current exchange terms) profit reselling the five aircraft.<\/p>\n

In 2018 and 2019, the businessman bought the aircraft through an \u201coffer to the Ministry of Finance\u201d for a combined cost of US$740,000 and sold them at a total price of $1,080,000 or D72m in current exchange terms.<\/p>\n

\u2013 2 Air Tractors:<\/b> The aircraft were registered on July 27, 2005. They were agricultural spraying aircraft manufactured in 2004 and had both flown less than 100hrs total since new. Both aircraft were un-airworthy by 2017.<\/p>\n

\u2013 Ilyushin Il-62m, C5-Rtg:<\/b> The aircraft was manufactured in May 1993 in Russia and registered in The Gambia on 8th September 2005. It had flown less than 5000hrs since new. Its maintenance cost as of 2017 was estimated at $2m which was far above its worth.<\/p>\n

\u2013 Boeing B727-100, C5-Gaf:<\/b> The aircraft was manufactured in 1966 and registered by the State on September 4, 2008. It was not in operation since 2010 and considered scrap in 2017.<\/p>\n

\u2013 Challenger Cl601, C5-Aft:<\/b> The aircraft was manufactured by Canadair Bombardier in 1985 and became the second VIP state aircraft. It was registered on October 1, 2010. It was taken to the maintenance facility of the ACC Columbia in Cologne, Germany, in 2014. It was reportedly ready for use in 2021.<\/p>\n

Boeing B727-100, C5-Gog:<\/b> This is also a Boeing 727 manufactured in 1971 and registered on 23rd October 2012. The aircraft with a VIP configuration had less than 12,000hrs total time flown since new. It made its last flight in December 2016.<\/p>\n

Buyer\u2019s \u2018windfall\u2019<\/b><\/p>\n

In May, 2018 \u2014 while the inquiry into Jammeh\u2019s assets was still ongoing and the court freeze order in place \u2014 the Ministry of Finance sold the two air tractors with an estimated value of US$900, 000\u2013 according to Virdis \u2014 to Sankajula Holding Company for US$240, 000. Sources informed The Republic that Turo Darboe sold the two air tractors to the Best Aircraft Deals LLC, of Utah \u2014 USA at US$350, 000.<\/p>\n

Three other aircraft \u2014 Ilyushin with inscription \u2018Republic of The Gambia\u2019 and two Boeing 727- 100s were bought by Momodou Turo Darboe in 2019 at a cost of US$500,000. The Republic has gathered that Momodou Turo Darboe sold the Ilyushin to Rada Airlines, a private sector Belarusian airfreight carrier for US$80,000. He also sold the engines 1 and 3 of Boeing B727- 1H2 for $650, 000 to International General Trading Co of Lebanon. The two Boeing aircraft are still parked at the Banjul International Airport waiting to be scrapped.<\/p>\n

When contacted, the businessman said he could not remember how much he sold the aircraft for but he made far less than the money spent on them. \u201cI don\u2019t have the time to check the records but I know I made far less than the money spent on the aircraft,\u201d said Momodou Turo Darboe.<\/p>\n

The scrapped remains of the two Boeing 727- 100s are still parked at the airport.<\/p>\n

The VIP aircraft \u2018gifted\u2019 to maintenance facility<\/b><\/p>\n

Among the six aircraft Jammeh left behind as he fled to Equatorial Guinea, the 12-seater VIP aircraft Challenger CL601 was said to be in the best condition. It was valued at least US$900, 000 by the US-based Viridis Aviation Partners. But senior officials at the Ministry of Works, Construction and Infrastructure who do not want to be named said the aircraft was abandoned at a maintenance facility in Cologne, Germany. The aircraft was taken to ACC Columbia maintenance facility in 2014\u2013 two years before Jammeh\u2019s shocking election defeat to Adama Barrow.<\/p>\n

\u201cThe aircraft was kept there for storage pending the government\u2019s decision and after a while, ACC started charging us parking and that has since accumulated,\u201d said a source who claimed the cost incurred on its maintenance now surpassed its worth.<\/p>\n

This runs contrary to what former finance minister Njie told lawmakers in July 2020. Njie said the aircraft had completed its routine maintenance and was ready for use.<\/p>\n

\u201cMaintenance checks have now been completed and all payment issues now resolved,\u201d Njie told lawmakers. \u201cThis aircraft could be ideal for government use as its operational expense was low at the time and has a quick turnaround time in addition to its convertible use as an ambulance when needed.\u201d<\/p>\n

The maintenance facility in Germany said they last had contacts with Gambian authorities regarding the aircraft in 2014 but they are unable to answer questions. The facility\u2019s Cologne manager, Daniel Schulten, declined to share any information about the aircraft, arguing that The Republic is \u201cneither the operator nor the owner\u201d.<\/p>\n

Evidence however shows that the maintenance facility has shared bills with the Gambia Civil Aviation Authority as recent as May and June 2019.<\/p>\n

According to the receipts, the facility was charging \u20ac3000 for every month the aircraft spent at their facility, which accumulated to \u20ac144,000 in four years, or less than a third of the aircraft\u2019s projected value, according to the 2018 valuation by Viridis.<\/p>\n

Our questions to the Ministry of Finance were not answered until the time of publication. When contacted, the Ministry of Works \u2014 without revealing any further information \u2014 claimed the file on the aircraft was retired to the National Archives.<\/p>\n

\u201cKindly note that currently, there is no file containing the information you are requesting from the Ministry as all closed files are usually sent to the National Archives in Banjul at the National Records Services,\u201d said the ministry in an email response. However, The Republic confirmed that no files on the aircraft were transferred to the archives as of close of day on 12 April 2024.<\/p>\n

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

Africa-Press – Gambia. Yahya Jammeh ruled The Gambia for 22 years during which time he was accused of massive theft of public wealth. A state investigation into his assets which was published in September 2019 found him liable for stealing at least US$362,000,000. While in power, Jammeh procured seven aircraft, one of which was scrapped […]<\/p>\n","protected":false},"author":84,"featured_media":56446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2355,2361,260],"class_list":["post-56447","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":"\nInside the \u2018fire sale\u2019 of ex-president Jammeh\u2019s 5 aircraft - Gambia<\/title>\n<meta name=\"description\" content=\"Yahya Jammeh ruled The Gambia for 22 years during which time he was accused of massive theft of public wealth. 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