{"id":93745,"date":"2026-02-11T17:01:00","date_gmt":"2026-02-11T17:01:00","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/accountant-general-reports-d2-4-million-loan-recovery"},"modified":"2026-02-11T17:50:26","modified_gmt":"2026-02-11T17:50:26","slug":"accountant-general-reports-d2-4-million-loan-recovery","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/accountant-general-reports-d2-4-million-loan-recovery","title":{"rendered":"Accountant General Reports D2.4 Million Loan Recovery"},"content":{"rendered":"<p><span class=\"ap-article-header-tag\"> <strong>Africa-Press &#8211; Gambia. <\/strong> <\/span><b>The Accountant General told lawmakers on Monday that more than D2.4 million in previously unrecovered government loans has now been fully repaid, though auditors said they have yet to receive documentation confirming the claim.<\/b><\/p>\n<p>Appearing before the Finance and Public Accounts Committee during hearings on audit reports covering the 2021 to 2024 fiscal years, the Accountant General said the funds stemmed from so-called \u201c1 by 6\u201d loans issued across several ministries, including Health, Basic Education, Agriculture, Interior, and Defence.<\/p>\n<p>According to the Accountant General\u2019s Department, additional work was carried out following earlier audit findings to trace and recover the outstanding amounts.<\/p>\n<p>\u201cThe status of the recovery is that management has done further work on this, and we are able to say that all the 1 by 6 are recovered\u2014the amount indicated as 2.4, all recovered,\u201d the accountant general told the committee.<\/p>\n<p>Auditors, however, cautioned that they could not validate the recovery without detailed supporting evidence. \u201cWe are yet to confirm that because those analyses or details are not provided to us,\u201d auditors said.<\/p>\n<p>Officials from the Accountant General\u2019s Department said the documentation would be submitted for review. \u201cWe will provide them with the further work that was done and details of it,\u201d a department representative told lawmakers.<\/p>\n<p>The committee\u2019s chairman, Alagie S. Darboe, directed the department to submit all relevant records by Feb. 25, setting the stage for auditors to verify whether the funds have indeed been fully recovered.<\/p>\n<p class=\"ap-article-footer-note\">Find more news and analyses on <span class=\"ap-highlight-country\">Gambia<\/span> on the <span class=\"ap-highlight-brand\">Africa Press<\/span> website<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. The Accountant General told lawmakers on Monday that more than D2.4 million in previously unrecovered government loans has now been fully repaid, though auditors said they have yet to receive documentation confirming the claim. Appearing before the Finance and Public Accounts Committee during hearings on audit reports covering the 2021 to 2024 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":93744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[260],"class_list":["post-93745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Accountant General Reports D2.4 Million Loan Recovery - Gambia<\/title>\n<meta name=\"description\" content=\"-article-header-tag&quot;&gt; Africa-Press - Gambia. 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