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Wednesday, February 8, 2023

As ACC squeezes former NASSIT Deputy DG and Resident Engineer; 1.5B Stolen Money Repaid

HomeAYV NewsAs ACC squeezes former NASSIT Deputy DG and Resident Engineer; 1.5B Stolen...

As ACC squeezes former NASSIT Deputy DG and Resident Engineer; 1.5B Stolen Money Repaid

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According to the agreement, Kuyateh will pay back the total sum of One Billion Leones (Le 1,000,000,000.00) within one year. As part of the agreement, he has paid the sum of Two Hundred Million Leones (Le200,000,000.00) upfront  to the Commission.

On the other hand, Franklyn Gerald O. Coker will pay back the total sum of Five Hundred Million Leones (Le 500,000,000.00) within one year. He has deposited the sum of One Hundred Million Leones (Le 100,000,000.00) with the ACC.

Within the past five months, the ACC has recovered approximately Nine Billion Leones (Le 9,000,000,000.00) which it will pay into the Consolidated Revenue Fund.

The Commission will proceed with charges against other persons investigated in respect of the NASSIT/Sisimi funds for various conspiracy related offences.

Meanwhile, the Commission wishes to further re-assure the general public that it shall not relent in ensuring that public funds are protected, and where necessary, recovered.

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