The Financial Judicial Pool which replaced the Court for the Repression of Illicit Enrichment (CREI) a year before the fall of Macky Sall’s regime, released a press release reporting doubtful transactions around 125 billion FCA.
Nearly ten months after the arrival of the new authorities in Senegal, the hunt for ill-gotten gains seems to continue. Created by the previous regime and installed in September 2024 by the new power, the Financial Judicial Pool, one of the arms of justice dedicated to this mission, announced Sunday, through the financial prosecutor El Hadji Alioune Abdoulaye Sylla, that he planned to open a judicial investigation as part of a vast investigation into suspicious money laundering activities, currently estimated at more than 125 billion CFA francs.
« Pursuant to article 66 of Law No. 2024-08 on money laundering, the financing of terrorism and the proliferation of weapons of mass destruction, the Financial Prosecutor’s Office is considering the opening of a judicial investigation under the heads charges of criminal conspiracy, money laundering, fraud involving public funds, corruption, influence peddling, abuse of corporate assets », Underlined the magistrate in the press release received at APA.
The prosecutor indicated that he had recently received several reports from the National Financial Information Processing Unit (CENTIF), which are currently being analyzed. One of these reports mentions facts involving “several people”, without mentioning their names.
“The investigations carried out reveal sophisticated money laundering mechanisms, through front companies which would have been used for suspicious transactions with a value provisionally estimated at more than 125 billion CFA francs », added El Hadji Alioune Abdoulaye Sylla.
The Financial Judicial Pool, which replaced the Court for the Repression of Illicit Enrichment (CREI) – which had notably condemned dignitaries of the regime of Abdoulaye Wade (200-2012), including his son Karim Wade – was created by a law passed on August 2, 2023. With national jurisdiction, it is attached to the high court of Dakar and to the Court of Appeal of Dakar, with the mission of devoting itself to the repression of economic and financial offenses.
ODL/SF/ac/APA
