July 31, 2021

J. Royal Financial Director Charge With Stealing

The Financial Director of J. Royal Financial Services, Mr Andrew P Jatta, has been charged for stealing over D3 Million Dalasi from the Company’s Bank Account.

J. Royal Financial Services, is a money transfer services at Kairaba Avenue in the Kanifing Municipality.

Appearing before Magistrate Isatou Janneh Mbaye of the Kanifing Magistrate’s Court on Wednesday, the former J. Royal Financial Director, Andrew P Jatta has denied the charges preferred against him by maintaining his innocence before the court.

Mr Andrew who is not represented by a lawyer, further disclosed that the charges against him are baseless because he is a victim of betrayal.

“I felt betrayed because when things are good they are with me but when it gets bad they put the blame on me,” Andrew P Jatta told the court.

He has also argued that the risk and reward of a business is on the stakeholders, thus the burden lies on the management.

“I have clearly stated that I am a financial controller and Kojo was the manager,” he asserted.

Mr Jatta further argued that the theft charges against him are misleading as the company never has more D2.5 Million Dalasi in its account. He added that some amount has been recovered from the stolen monies.

Meanwhile, the particulars of offences includes stealing D2. 5 Million Dalasi from the Company’s ECO Bank Account and D1. 398, 888. 57 Dalasi the property of MZM Finance Service respectively.

The case was adjourned to November 18th.

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