Gambian Economist Nyang Njie Clarifies Purchase of Vehicle Linked to Jammeh’s Assets

Background of the Controversy

Gambian economist and political commentator Nyang Njie has publicly defended his acquisition of a vehicle connected to former President Yahya Jammeh’s allegedly looted assets. This clarification comes following an investigative report by The Republic that exposed potential corruption in the sale of Jammeh’s assets under the current Barrow administration.

The Investigation Findings

The Republic’s investigation revealed that only $23 million has been recovered from an estimated $362 million allegedly stolen during Jammeh’s 22-year rule – representing less than seven percent of the total amount. This disclosure has raised questions about the transparency of asset recovery efforts in The Gambia.

Njie’s Explanation

In response to the report, Njie explained that he obtained the vehicle through a private transaction with a third party who had originally purchased it at a public auction. “I pleaded with the owner about my desire to purchase the car,” Njie stated. “The vehicle, a non-roadworthy asset requiring significant repairs and towing from a Kanifing garage, was bought at a fair market value consistent with its condition at the time.”

Sentimental Value Behind Purchase

Njie emphasized that his decision to acquire the vehicle was motivated by its sentimental value rather than practical use. The car had been a 50th birthday gift from the former First Lady to ex-President Jammeh.

“This symbolic acquisition served as personal closure,” Njie explained, “reflecting my resolve to reclaim agency in the aftermath of the unlawful demolition of my property in Batokunku by the former regime, for which no legal recourse has been pursued by the state to date.”

Transaction Details

The economist stressed that the transaction was strictly between private citizens without state involvement. He clarified that the vehicle was neither purchased directly from the public auction nor intended for daily use.

Call for Transparency

Njie concluded by urging others who have acquired similar assets to come forward with explanations to clear their names, promoting greater transparency in the handling of former regime assets.

By Adama Makasuba

This article is based on original reporting from Gambiana.com.