It is unlikly that what Bayba customers are saying is not a fact,what I would like to point out is that in the UK there has been VERY heavy snowfall(on or about 4th January) and many staff have not been able to get to work due to the poor condition of the roads with ice and snow,it maybe that this is a reason for nonpayment,the Central Bank of The Gambia are unlikely to release money from their funds without the top up funds being deposited from abroad.If this was the case then Momodou Njie should have made contact with the UK and be in a position to tell those who had come to collect money that had been donated to them from abroad.This is only speculation and may not be the case,this theory appears to fit the facts as known at this time,its hardly breaking news because the problem came to light some time ago and was anounced on 4th January. The day on which the problem became apparant is sketchy Momodou Njie says "He said the reason why Central Bank takes over is to salvage an institution from financial difficulties among others, ‘there is no single day when customers are not paid. Since we seized Bayba based on our secrecy policy at Central Bank we never turned customers home without paying them their remittances’ The Newspaper article writes "Mr Njie agreed that there are times when there are delays in the system " which would contradict somewhat what he said earlier.
These aggrieved clients told the Daily news that the institution was unable to pay them remittance sent to them from abroad during and after New Year and Christmas festivities.
This comment would mean that my theory may not be correct,but whatever we all know that those involved in financial dealings want to "use" money in transit to invest and make even more money.
Yesterday transaction not available - frustration & loud words exchanged by people in the queue late afternoon. This morning the machine has broken down!! come on Bayba you've gotta do better than this..
The world would be a poorer place if it was peopled by children whose parents risked nothing in the cause of social justice, for fear of personal loss. (Joe Slovo - African revolutionary)
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Posted - 09 Jan 2010 : 13:37:47
