Sidy Mohamed
Jan 13, 2025 at 00:36
The Prosecutor’s Office of the Dakar Financial Judicial Pool recently received several reports from the National Financial Information Processing Unit (CENTIF). These reports, currently being examined, revealed suspicious practices involving several individuals.
According to a press release published on January 12, 2025 by financial prosecutor El Hadji Alioune Abdoulaye Sylla, the in-depth analysis of one of these reports highlights complex money laundering mechanisms. Shell companies were allegedly used to conceal suspicious transactions, the total value of which is provisionally estimated at more than 125 billion CFA Francs.
The Prosecutor’s Office plans, under article 66 of Law No. 2024-08 relating to the fight against money laundering, the financing of terrorism and the proliferation of weapons of mass destruction, to launch a judicial investigation. The charges considered include: criminal conspiracy, money laundering, fraud involving public funds, corruption, influence peddling et abuse of corporate assets.
This case could have major implications for the country’s former leaders, given the scale of the amounts involved and the alleged ramifications of criminal activities. Investigations are continuing to identify all the actors involved and establish responsibilities.
