Conch Fritters The Bahamas

Name: Conch Fritters (The Bahamas)
Ingredients: For the fritters; conch, ground; 1⁄2 green bell pepper, diced fine; 1⁄2 red bell pepper, diced fine; 1⁄2 yellow bell pepper, diced fine; 1⁄2 white onion, diced fine; 1 celery rib, finely sliced; 1 teaspoon jalapeno chile, minced; 1 tablespoon chopped fresh cilantro; 1 tablespoon dried thyme; 3 cups all-purpose flour; 1⁄2 teaspoon jamaican jerk seasoning; water; vegetable oil (for frying); For the Dipping Sauce; 1⁄2 cup ketchup; 1⁄2 cup lime juice; 1⁄4 cup mayonnaise