The management of public finances between 2019 and 2024 is now at the heart of a state scandal with deep ramifications. In an explosive summary relayed by Observerthe Court of Auditors reveals an opaque financial assembly combining bond borrowings, discrete sales of public goods and parallel circuits of redistribution. Transmitted to the minister of Justice, this sensitive file could open a new judicial era in the post-Macky Sall.
114.4 billion FCFA outside the public treasury
The Court of Auditors denounces the embezzlement of 114.4 billion FCFA from the bond borrowing Sukuk Sogepa 2022. These funds were carried out outside the official public treasury circuits, without an opening or signature file of the Minister of Finance. The account used, entitled “Relaunch of the economy”, was opened without clear traceability, raising serious suspicions of diversion or mismanagement.
Sale of 10 emblematic buildings of the State
Ten public buildings strategically located in Dakar were sold at SOGEPA for 198 billion FCFA, on the basis of law n ° 2021-36. These real estate was used as guarantees as part of the financial assembly of the borrowing Sukuk. Paradoxically, these buildings were then re -stated in the State, which allowed investors to collect rents, in a financial operation deemed opaque.
Doubling distribution of the product of the borrowing sukuk
The Court raises a distribution of the funds of the Sukuk lacking in transparency. Of the 247 billion collected, a large part was paid to private players such as real estate flight (nearly 9.6 billion FCFA) and SPHEREX (more than 38 billion FCFA), in the form of acquisitions or guarantees of guarantees. SOGEPA also received 30 billion for its own needs, without clear justification. The complexity of the financial circuit arouses questions about a possible organized illicit enrichment system.
Lack of transfer orders signed by the minister
The bank transfers involved in the management of this loan do not bear the signature of the Minister of Finance, as required by the legal procedure. It is the Director General of the Budget who would have signed in his place, which violates the rules for managing public finances and raises suspicions of administrative fraud.
Unjustified operations and blurred beneficiaries
Part of the 114 billion was used for “current operations”, according to former ministry officials, including payment to companies like SOFICO (32 billion FCFA). But no document clearly justifies these expenses. This affair, one of the most explosive, is now in the hands of justice, with the imminent opening of criminal investigations by the division of criminal investigations.
