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kobo
United Kingdom
7765 Posts |
 Posted - 02 Oct 2013 : 10:37:23
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CRUCIAL TESTIMONIES, EVIDENCE, INFORMATION AND UPDATES FOR ON-GOING GAMBIA PORTS AUTHORITY (GPA) TRIAL OF FORMER DIRECTORS OF GPA (Mr. ABDOULIE TAMBAEDOU) AND FERRY SERVICES (Mr. HALI GAI), THAT SHOULD NOT BE MISSED; AS ONE OF THEIR MAIN CHARGES OF ECONOMIC CRIME AND MISMANAGEMENT CONCERNED FUNDS ALLOCATED FOR PROCUREMENT OF NEW FERRIES. IMPORTANT UPDATES FROM THESE REPORTS;
1. “GPA WAS GRANTED D150 MILLION TO PROCURE NEW FERRIES” - PW3 TESTIFIES
Foroyaa Burning Issues News: Published on Thursday, 19 September Written by: By Mamadou Dem
"Chief Inspector Amadou Kujabi of the Gambia Police Force (GPF), yesterday testifiedbefore Acting Principal Magistrate, Lamin Mbaye of the Banjul Magistrates’ Courtthat the Gambia Ports Authority (GPA) was granted the sum of D150,000,000 (One Hundred and Fifty Million Dalasi) by the Social Security Housing and Finance Corporation (SSHFC)to procure new ferries and D30,000,000 (Thirty Million Dalasi) to buy engines for the old ferries. Mr Kujabi disclosed the said amount in his evidence in chief as the third prosecution witness in the ongoing criminal trial involving Hali Abdoulie Gai, former Acting GPA Managing Director and Abdoulie Tambedou, former Managing Director of the same institution.
According to the witness, on the 15th of January 2013, he received instructions from his OC (Officer Commanding) to investigate a loan of the above stated amounts granted to GPA by SSHFC and that during the investigations of this case, the investigating panel had a letter from Social Security addressed to the Inspector General of Police. The letter emanating from SSHFC dated 16th January,2013 and signed by the Director of Finance was admitted in evidence and marked as exhibit when no objection was raised by the defence on its admissibility.
PW3 said according to GPA management, the one hundred and fifty million dalasi was insufficient to buy ferries and that the money was save in a fix deposit account until at such time when they were able to raise additional funds to supplement the whole sum. He said in 2011, the Gambia Government signed a joint venture agreement with a Greek Investor call Galli Company Limited to bring two ferries to the Gambia and that according to the agreement for each of the ferries, the Gambia Government holds a share of 45% and are required to contribute the sum towards the venture. He said during the tenure of the first accused as GPA Acting Managing Director, he received a letter from the office of the President urging the GPA to take up the government stake in the venture and contribute same percentage as required by government, adding that the GPA took up the government stake.
Chief Inspector Kujabi further told the court that the then GPA director approved the sum of One Million One Hundred and Seventy Euros equivalent to Sixty One Million Dalasi. He said the first accused, Mr. Gai, acted as MD for some time and was replaced by Tambedou. Concerning the payments of these monies, the witness testified that they were paid through an internal memo and the GPA Director of Finance instructed the bank to do the transfer of this funds from the account in which the One Hundred and Fifty Million Dalasi was deposited, adding that the decision to procure new ferries came from the acting director through GPA internal memo to the Director of Finance."
SOURCE: Foroyaa
2. Police Inspector ends testimony in ex-GPA official’s trial
SOURCE: Daily Observer News for full report
3. GPA FINANCE DIRECTOR TESTIFIES IN GPA CASE
Foroyaa Burning Issues News: Published on Tuesday, 01 October 2013 Written by: Mamadou Dem
"Tamsir Sallah, current Director of Finance of the Gambia Ports Authority and fourth prosecution witness in the ongoing alleged criminal trial involving Hali Abdoulie Gai, former Acting Managing Director of GPA and Abdoulie Tambedou, erstwhile Managing Director of the same institution, in his evidence in chief, informed the court that he recognised both accused persons. He said sometimes in July 2010, he was called at the Police Headquarters to give information regarding the one hundred and fifty million dalasi loan from Social Security, Housing, Finance Corporation {SSHFC} to the Gambia Ports Authority {GPA}; adding that he also gave information regarding a thirty million dalasi loan given by SSHFC to GPA.
“I was asked regarding the amount received. I told them that we received the sum of one hundred and fifty million in three installments,” Said the witness. He added that the first 50 million was received in June 2010 which GPA management decided to keep in about five banks.“We received another fifty million as the 2nd installment in July which comprise two payments,” He reveals.
According to the witness, one of these payments was four million five hundred thousand dalasis and another cheque of four million five hundred thousand dalasis was received in August 2010; adding that they received the third instalment of fifty million dalasis which was also deposited into the banks. He added that the amount of one hundred and fifty million wasn’t adequate to buy the ferries at that time.
He said for the procurement of such assets or items, the services of a consultant is hired for the design and specifications of items, tender processing and seek approval from relevant institutions or authorities which he said basically takes time. “To my knowledge, there was no consultancy agreement signed at the time of receiving the one hundred and fifty million loan,” Testified the witness; adding that GPA management was able to secure attractive fix deposits.
PW4 further informed the court that Government requested the sum of three million US Dollars and settlement was for various institutions and substantial payments of these various institutions were ‘Afro Alliance’ in the sum of one million seventy thousand US dollars; adding that other institutions include The Gambia Radio and Television Services {GRTS} Gambia International Airline {GIA} T.K Motors among others. He said at the end of the day there was a balance in the account and there was an understanding between the GPA and Ministry of Finance that the settlements made on behalf of government in total was 86 million dalasis and there was an understanding between both institutions for this amount to be settled from the ADB by annual monthly payment to government.
PW4 adduced that at the time of given his statement to the police, the sum of 46 million was the balance out of the hundred and fifty million dalasis; adding that this amount is growing because of the fix deposits.Dwelling on the 30 million dalasis loan from SSHFC to GPA, the witness disclosed to the court that on the 3rd of July, Abdoulie Tambedou {2nd accused} went into his office as Director of Finance and handed him a cheque of thirty million dalasis asking him to open an account for the said money.
“The account name GPA/ Ferries/Banjul Ship Yards/ SSHFC Project Account”. Mr. Sallah told the court that after he opens the account, he wrote a letter and informed his colleagues. He said in November 2012, the current Director of GPA, Mr. Gibba instructed him {Sallah} to write to the DDF to provide the statement of account of the thirty million dalasis. He said through a memo from the DDF to the Managing Director indicated a balance of four hundred and forty six thousand dalasis.
At this juncture bunch of documents ranging from cautionary statement of the witness, receipts from GPA acknowledging the monies received from SSHFC, Deposit slips among others were admitted in evidence and marked accordingly.The case is adjourned to Tuesday 8th and Thursday 10th of October for continuation."
SOURCE: Foroyaa
4. Related Bantaba Gambian politics topics;
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Edited by - kobo on 03 Oct 2013 01:13:19 |
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kobo
United Kingdom
7765 Posts |
Posted - 03 Oct 2013 : 02:23:43
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HELPFUL NOTES TO ANALYSE ACCOUNT OF THE D150 MILLION AND ADDITIONAL D30 MILLION SSHFC LOAN (TOTALLING D180 MILLION) FROM DIRECTOR OF FINANCE TESTIMONY 
"I was asked regarding the amount received. I told them that we received the sum of one hundred and fifty million in three installments,” Said the witness. He added that the first 50 million was received in June 2010 which GPA management decided to keep in about five banks.“We received another fifty million as the 2nd installment in July which comprise two payments,” He reveals.
"According to the witness, one of these payments was four million five hundred thousand dalasis and another cheque of four million five hundred thousand dalasis was received in August 2010; adding that they received the third instalment of fifty million dalasis which was also deposited into the banks. He added that the amount of one hundred and fifty million wasn’t adequate to buy the ferries at that time.
"
June 2010 D50 million (1st instalment)
July 2010 D50 million (2st instalment)
Aug. 2010 D50 million (3rd instalment)
1. TOTAL RECEIVED = D150 million ("He added that the amount of one hundred and fifty million wasn’t adequate to buy the ferries at that time. "
"He said for the procurement of such assets or items, the services of a consultant is hired for the design and specifications of items, tender processing and seek approval from relevant institutions or authorities which he said basically takes time. “To my knowledge, there was no consultancy agreement signed at the time of receiving the one hundred and fifty million loan,” Testified the witness; adding that GPA management was able to secure attractive fix deposits.")
2. HOW D150 MILLION SPEND & WHERE IS IT GONE?
"PW4 further informed the court that Government requested the sum of three million US Dollars and settlement was for various institutions and substantial payments of these various institutions were ‘Afro Alliance’ in the sum of one million seventy thousand US dollars; adding that other institutions include The Gambia Radio and Television Services {GRTS} Gambia International Airline {GIA} T.K Motors among others. He said at the end of the day there was a balance in the account and there was an understanding between the GPA and Ministry of Finance that the settlements made on behalf of government in total was 86 million dalasis and there was an understanding between both institutions for this amount to be settled from the ADB by annual monthly payment to government."
USD 3 million = D86 million ("Settlements made on behalf of government in total")
BENEFICIARIES OF USD 3 MILLION GAMBIA GOVERNMENT MISAPPROPRIATION (OR WRONGFUL SPENDING) OF GPA FERRIES PROJECT SSHFC LOAN FOR WHICH IT WAS NOT INTENDED FOR;
- ‘Afro Alliance’ USD 1 million 70 thousand
- The Gambia Radio and Television Services {GRTS}
- Gambia International Airline {GIA}
- T.K Motors
- Others
3. FINAL BALANCE ON ACCOUNT ("PW4 adduced that at the time of given his statement to the police, the sum of 46 million was the balance out of the hundred and fifty million dalasis; adding that this amount is growing because of the fix deposits.")
TOTAL AMOUNT RECEIVED = D150 MILLION
LESS: GOVERNMENT BILLS = (D86 MILLION) FOR BALANCE OF D64 MILLION
LESS: UNKNOWN DIFFERENCE = (D18 MILLION) FOR FINAL BALANCE ON ACCOUNT OF D46 MILLION
4. D30 MILLION ADDITIONAL LOAN
3rd July 2010 D30 million = ("Dwelling on the 30 million dalasis loan from SSHFC to GPA, the witness disclosed to the court that on the 3rd of July, Abdoulie Tambedou {2nd accused} went into his office as Director of Finance and handed him a cheque of thirty million dalasis asking him to open an account for the said money.")
5. ON ACCOUNT OF GPA/FERRIES/BANJUL SHIP YARDS/SSHFC PROJECT'
TOTAL SSHFC LOAN RECEIVED = D180 MILLION(D150 million + D30 million)
LESS: GOVERNMENT BILLS = (D86 MILLI0N) FOR BALANCE OF D94 MILLION
LESS: UNKNOWN DIFFERENCE = (D48 MILLION) FOR FINAL BALANCE ON ACCOUNT OF D46 MILLION
("“The account name GPA/ Ferries/Banjul Ship Yards/ SSHFC Project Account”. Mr. Sallah told the court that after he opens the account, he wrote a letter and informed his colleagues. He said in November 2012, the current Director of GPA, Mr. Gibba instructed him {Sallah} to write to the DDF to provide the statement of account of the thirty million dalasis. He said through a memo from the DDF to the Managing Director indicated a balance of four hundred and forty six thousand dalasis. ")
6. FINALLY WHERE IS UNKNOWN DIFFERENCE OF D48 MILLION UNDER POINT 5. ABOVE = (D94 miilion less D46 million balance on account)?
7. INTEREST RECEIVABLE ON FIXED DEPOSIT NOT TAKEN INTO ACCOUNT OR DETERMINED = ("Testified the witness; adding that GPA management was able to secure attractive fix deposits")
8. ALSO NOT TAKEN INTO ACCOUNT THE TRADITIONAL ANNUAL CYCLE FOR SERIES OF D1 MILLION DALASI CORPORATE THEFT CONSIDERED DONATIONS/CHEQUES TO PATRONISE PRESIDENT JAMMEH & KANILAI (FAMILY) GROUP; POLITICAL PROGRAMS AND PROJECTS |
Edited by - kobo on 03 Oct 2013 09:30:07 |
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tiramakhan
25 Posts |
Posted - 03 Oct 2013 : 16:38:30
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DO adding to the maths:
4 brand new engines handed over to enhance ferry services
Four brand new engines and propulsion systems for the Johe Ferry that plies Banjul-Barra crossing point were Wednesday morning handed over to the officials of The Gambia Ports Authority (GPA) by the Taiwanese ambassador to The Gambia.
The engines are part of a US$1,625, 384.80 (one million six hundred twenty-five thousand three and eight-four dalasis and eighty bututs) grant meant to procure new engines for four ferries plying Banjul-Barra, and Yellitenda-Bambatenda.
Jointly funded by the Republic of China (Taiwan) and The Gambia government, the procurement of these engines is aimed at enhancing ferry services by strengthening the technical capacity of the ferries to be able to provide safe, reliable, and efficient services to the traveling public.
Speaking at the occasion, the Taiwanese ambassador to The Gambia, His Excellency Samuel Chen, described the project as important for the two allies. Informing that it was President Jammeh who proposed this project to his government, the Taiwanese diplomat underscored the importance of transportation in the daily lives of the people.
“The engines are outdated and there is the need to replace them. The grant project will be used for the replacement of diesel engines for Johe, Kanilai, Farafenni, and Soma ferries, as well as the replacement of hydraulic aggregate for Kanilai and Johe ferries,” he explained.
While reiterating that the total amount of the funding is US$1,625, 384.80, the ambassador informed that the government of Taiwan has already paid 50% in December, 2012, with the other 50% expected to be paid after the arrival of all the engines and their subsequent installations.
“The Gambia ferries would be equipped with engines to enhance its maritime safety so as to better serve its peoples’ welfare and economic interests. It will promote an efficient transport network and safety of the passengers using the ferry services. This will reduce the amount of time needed to travel from one part to another,” he stated.
The director of Operations at The Gambia Ports Authority, Jerreh Jammeh, informed that the installation of these new engines that commenced yesterday, 3rd October is expected to last for a period of between 6 to 10 weeks. He explained that that during this period, the Kanilai Ferry shall be deployed to provide limited services along the Banjul/Barra crossing points.
Jammeh said as part of their strategies, the traveling public and the Ferry service customers, particularly drivers of heavy good vehicles and articulated trucks are advised to utilize the Trans-Gambia Highway. He used the opportunity to solicit the understanding and patience of the general during this period.
The Operations director used the opportunity to express his profound gratitude to the Republic of China (Taiwan) and the government of The Gambia for the interest manifested in the quest to improving the technical efficiency of the ferries. He underscored that the engines will go a long way in enhancing the capacity of the GPA to be able to deliver safe, efficient and reliable ferry services for the continued socio-economic development of the country.
The deputy managing director of The Gambia Ports Authority, Ousman Jobarteh, thanked the Taiwanese government for the new engines.
Author: Alieu Ceesay
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The world is divided into people who do things, and people who get the credit. Try to belong to the first class - there's far less competition (D. Morrow) |
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kobo
United Kingdom
7765 Posts |
Posted - 04 Oct 2013 : 06:40:53
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MORE FULL INFORMATION AND SOURCES TO UNDERSTAND THE ISSUES, ACCOUNT FUNDS, ASSESS BOTH GOVERNMENT AND MANAGEMENT RESPONSIBILITY FOR THESE RESOURCES NOTED ABOVE: DAILY OBSERVER NEWS;
WHERE IS THE CHEQUE FOR "Taiwan gives US$747, 692 for procurement of ferry engines" REPORTED FRIDAY, DECEMBER 21, 2012 GONE? HOPEFULLY WE WILL PICKUP VITAL INFORMATION LATER FROM ON-GOING GPA/GFS DIRECTORS TRIAL |
Edited by - kobo on 04 Oct 2013 06:54:36 |
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kobo
United Kingdom
7765 Posts |
Posted - 04 Oct 2013 : 07:42:14
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IMPORTANT NOTES;
1. TWO DIRECTORS THAT SERVED THE GPA - ONE IS BEING PROSECUTED AS EX. FINANCE DIRECTOR (MR. ABDOULIE TAMBEDOU) AND OTHER IS CURRENT DIRECTOR (MR. MOMODOU LAMIN GIBBA), SO FOR THE RECORDS TENURE OF GPA DIRECTORS FROM THESE USEFUL INFORMATION TO DRAW THE LINE AND DELINEATE RESPONSIBILITIES;
Mr. Momodou Lamin Gibba
-Former GPA Director 7yrs (from 2004 to March 2011)
-Current GPA Director (w.e.f 22nd August 2012)
Mr. Abdoulie Tambedou
-Former GPA Finance Director over 10yrs (till appointed Director April 2011)
-Former GPA Director 1yr 5mths (April 2011 to 22nd August 2012)
SOURCE: DAILY OBSERVER NEWS;
2. DAILY OBSERVER NEWS BELOW DISCLOSED GPA TURNOVER OF "D500 million in 2009 to D427 million in 2010", SO WHY CAN'T THEY PROCURE PROPER FERRIES WITH TAIWAN ASSISTANCE AND SSHFC LOAN
quote:
" “However, the net profit before tax decreased from D58 million in 2009 to D41million in 2010 representing a fall by 29%, whilst net profit after tax declined from D36.6 million in 2009 to D26.4 million in 2010, representing a decrease by 28% mainly affected by the charge of D14.8 million as provision for diminution in non-performing assets arising from an understatements in 2008."
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Edited by - kobo on 04 Oct 2013 07:49:20 |
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