Of The Country's savings Fund Over Alleged Corruption – Brother Of Senegal's President resigns as Head

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Of The Country's savings Fund Over Alleged Corruption – Brother Of Senegal's President resigns as Head

The Brother Of Senegal's President Has Resigned As Head Of A State-run Savings Fund After He Named Him In A Report Over Alleged Corruption.  

 

The Report Alleged That Aliou Sall Was Secretly Paid $250,000 (£196,300) In 2014 By A Gas Company That Sold Its Shares In Senegalese Gas Fields To BP.  Sall Has Denied The Claims, Calling Them Part Of A Campaign To Make Him “public Enemy Number One”. Senegal's Attorney General Said An Investigation Had Been Launched.

 

“This Unfortunate Controversy Is Based Only On Untruths,” Sall Said In A Statement. He Had Directed Senegal's Caisse Des Depots Et Consignations since September 2017.  

 

In 2012, Senegal's Then Government Awarded Exploration Rights For Two Offshore Oil And Gas Fields To Petro-Tim. The Firm Was Part Of Timis Corporation, Run By Romanian-Australian Business Tycoon Frank Timis.  The Company Had No Previous Experience Of Oil And Gas Exploration And An Investigation – Ordered By President Macky Sall After He Took Office – Concluded That Petro-Tim Should Lose Its Concessions.

 

According To A BBC Investigation, His Brother Was Later Hired By Timis Corporation And Paid $1.5m (£1.18m) Over Five Years. Aliou Sall Was Also Promised Shares In Some Of Timis's Companies Which Were Worth $3m.



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Of The Country's savings Fund Over Alleged Corruption – Brother Of Senegal's President resigns as Head

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