Sunday January 12, 2025, a little before midnight, a press release attributed to the financial judicial pool floods the web.
The document indicates that the deputy “Farba ngom is involved in alleged serious acts. And that the investigations carried out to date reveal sophisticated money laundering mechanisms involving the creation of shell companies used for suspicious transactions totaling more than 125 billion CFA francs, unjustified financial flows between the personal accounts of Mouhamadou Ngom known as Farba , those of his relatives, and partner companies.”
Soleil Check automatically contacted the Ministry of Justice who provided us with the correct press release, indicating that the other document was a fake.
What it is officially…
Thus, the Prosecutor’s Office of the Financial Judicial Pool was recently seized of several reports transmitted by the National Financial Information Processing Unit (CENTIF), as part of a vast investigation into suspicious money laundering activities. These reports, currently being analyzed, highlight serious facts involving several individuals.
In-depth examination of one of the reports revealed particularly elaborate mechanisms, involving the use of shell companies to carry out suspicious transactions. These operations, whose provisional value is estimated at more than 125 billion CFA Francs, raise serious doubts as to their legality. These practices appear to be orchestrated with the aim of concealing the illicit origin of the funds concerned.
Under Article 66 of Law No. 2024-08 relating to money laundering, terrorist financing and the proliferation of weapons of mass destruction, the Financial Prosecutor’s Office has decided to consider opening an investigation judicial. This approach aims to deepen the investigations and establish the criminal responsibilities of the people involved.
The alleged offenses, which are particularly serious, include:
• Criminal association,
• Money laundering,
• Fraud involving public funds,
• Corruption,
• Influence peddling,
• Abuse of corporate assets.
The opening of a judicial investigation will make it possible to mobilize all the necessary means to dismantle this criminal network. The investigations will aim in particular to identify all those responsible and to trace financial flows to determine their exact origin.
To be continued…
Diagne holes
