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Senegal reportedly paid 1.1 million euros to a former IMF CEO

New gray areas are emerging on the involvement of Dominique Strauss-Kahn in financial affairs in Africa. In a report broadcast on October 7, 2021, the program “Cash Investigation” highlights a suspicious payment of 1.1 million euros (652,736,070 FCFA) coming from Senegal and intended for the former director general of the Monetary Fund international (IMF). This payment, recorded in the “Grand Ledger of Accounts”, raises questions about questionable practices involving Strauss-Kahn and several African heads of state.

In 2014, Strauss-Kahn resurfaced on the international scene, this time as an advisor responsible for negotiating debt relief for several countries. His link with Senegal was strengthened when he was received in 2017 by President Macky Sall and the Minister of Finance, Amadou Ba, at the Presidential Palace. This connection is intriguing, especially since the report reveals that a credit of 1.1 million euros (652,736,070 FCFA) granted by the IMF to Senegal in 2017 would have been invoiced by Strauss-Kahn for an amount of 50 000 euros (32,636,803.50 FCFA).

This contract dates back to a meeting in 2016 between Strauss-Kahn and Macky Sall in Congo, at the invitation of President Denis Sassou Nguesso. On this occasion, the former director of the IMF would have been chosen as a consultant by the Senegalese state to mobilize funds internationally.

The “Cash Investigation” documentary also returns to an episode dating from 2007, shortly after the appointment of Strauss-Kahn as head of the IMF. The institution would then have disguised the Congolese debt figures, allowing President Sassou Nguesso to obtain relief of 1.5 billion euros. A senior Congolese official cited in the report claims that this operation involved false declarations to conceal part of the existing debts.

After his ouster from the IMF in 2011, following personal scandals, Dominique Strauss-Kahn became a consultant, increasing the number of missions in Africa at the request of leaders wishing to access international financing. Installed in Tunisia after a stint in Morocco, he also collaborated with controversial figures, such as Thierry Leyne, a Franco-Israeli businessman. Together, they had founded an investment fund (LSK), marked by financial failures and personal tragedies.

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