The U.S. Department of Justice is seeking the forfeiture of a Maryland property belonging to former Gambian president Yahya Jammeh worth some US$3.5 million, which he is believed to have acquired through illegal activities during his two decades at the helm of the West African nation.
“Yahya Jammeh conspired with his family members and close associates to utilize a host of shell companies and overseas trusts to launder his corrupt proceeds throughout the world, including through the purchase of a multimillion-dollar mansion in Potomac, Maryland,” said a DOJ statement. According to the DOJ, the Maryland property was officially purchased through a trust set up by Jammeh’s wife.
It is estimated that he stole nearly a billion dollars over that period. As president, along with an inner circle of advisors he looted state industries including everything from telecommunications to oil and gas reserves and allowed his country to be a laundromat for money
https://www.occrp.org/en/daily/12798-the-us-targets-gambian-ex-president-s-maryland-property
“Yahya Jammeh conspired with his family members and close associates to utilize a host of shell companies and overseas trusts to launder his corrupt proceeds throughout the world, including through the purchase of a multimillion-dollar mansion in Potomac, Maryland,” said a DOJ statement. According to the DOJ, the Maryland property was officially purchased through a trust set up by Jammeh’s wife.
It is estimated that he stole nearly a billion dollars over that period. As president, along with an inner circle of advisors he looted state industries including everything from telecommunications to oil and gas reserves and allowed his country to be a laundromat for money
https://www.occrp.org/en/daily/12798-the-us-targets-gambian-ex-president-s-maryland-property
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