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Senegal President's brother resigns after allegations of energy fraud

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    Senegal President's brother resigns after allegations of energy fraud
    World NewsJune 25, 2019 / 5:00 AM / 2 days ago

    DAKAR (Reuters) - The brother of Senegal’s President Macky Sall has resigned from his government post after allegations of fraud relating to natural gas contracts, he said on Monday.

    An investigation by the British Broadcasting Corporation (BBC) this month alleged that a company run by Aliou Sall received a secret payment of $250,000 in 2014 from Frank Timis, a businessman whose company, Timis Corporation, that year secured licenses to two major offshore gas blocks.


    The affair has dominated the airwaves in Senegal, overshadowing the beginning of President Sall’s second term. Protesters have taken to the streets of the capital Dakar in recent weeks and the country’s top prosecutor has launched an investigation.


    It also has international implications: London-based BP in 2017 agreed to pay Timis Corp $250 million for a stake in the licenses, plus about $10 billion in royalty payments over the coming decades, the BBC said.
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    There really is little option for Macky Sall but suspect there will be more fallout.
    GLTAA
    MS

 
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