SACKED SENEGALESE REGULATOR QUESTIONED BY DIC OVER EMBEZZLEMENT CHARGES

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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)