Rédaction Africa Links 24 with Mr. Gaye TheVoice
Published on 2024-03-13 05:51:24
A clerk at Yonna Microfinance, Dawda Colley, recently appeared before the Brikama Magistrates’ Court on allegations of stealing D2.3 million from the microfinance institution. The offense of stealing by a clerk or servant, as per Section 258 of the Criminal Code, Cap 10:01, Vol. III, Laws of The Gambia (2009), has been pressed against Colley.
The specifics of the alleged offense state that in the year 2020, Colley stole D2,333,900.00 from the Jambanjelly and Farato branches of Yonna Micro-Finance. Despite the accusations, Colley pleaded not guilty to the charge.
Principal Magistrate Anna O. Mendy presided over the case and granted Colley a court bail of D3,000,000.00 to secure his liberty during the legal proceedings. To meet the bail conditions, Colley must provide three sureties of Gambian nationality, with one owning a landed property within the West Coast Region or the Greater Banjul Area of a similar value. Additionally, each surety must swear to an affidavit of means amounting to D1,000,000.00.
Furthermore, Colley was instructed to surrender his travel documents to the court registrar’s office as part of the legal procedures. The case is set to resume for a full hearing on 18 April 2024, with ASP Buteh Sawaneh representing the Inspector General of Police in the proceedings.
This incident has garnered significant attention, with the post receiving 100 views as of now. The image accompanying the post showcases the seriousness of the situation, emphasizing the impact of financial crimes within institutions. It serves as a reminder of the importance of upholding integrity and trust in financial transactions, especially in microfinance organizations that cater to vulnerable populations.
As the legal process unfolds, it will be crucial to ensure a fair and transparent trial for all parties involved. The outcome of this case will not only determine the fate of Dawda Colley but also reflect on the accountability and governance standards within the microfinance sector in The Gambia. It underscores the need for robust internal controls and oversight mechanisms to prevent similar incidents in the future and uphold the reputation of financial institutions in the country.
In conclusion, the case of Dawda Colley at Yonna Microfinance highlights the importance of ethical conduct and adherence to the law in financial institutions. It serves as a reminder of the consequences of financial misconduct and the necessity of upholding trust and integrity in all professional dealings. As the legal proceedings continue, it is essential to uphold the principles of justice and fairness to ensure a just outcome for all parties involved.
Read the original article on The Voice Gambia
