SACKED SENEGALESE REGULATOR QUESTIONED BY DIC OVER EMBEZZLEMENT CHARGES
Sacked Senegalese regulator Malick Gueye underwent ten hours interrogation at the Department of Criminal Investigations in connection with allegations of embezzlement. This investigation was initiated after the discovery of a FCFA550 million hole in the accounts of regulator ART.
The hole seems to have arisen out of a number of things relating to the period 2002-2005 including: high salaries paid to staff, establishment costs and redundancy package of the former Secretary-General. It is alleged that Gueye took the sum of FCFA108 million as a redundancy package without getting this agreement signed off by ART's management.
Malick Gueye denies all the charges.
(sources: various including Le Soleil)