Gambiaj.com – Dakar, Senegal – The ongoing investigation into the 125 billion CFA francs financial scandal has taken a significant turn, with Senegalese authorities now targeting Amadou Sall, the son of former President Macky Sall, and businessman Racine Sy who was also the former CEO of Senegal’s Social Security Fund. The financial judicial pool (PJF) has expanded its probe, linking the two figures to allegations of complicity in fraud on public funds, embezzlement, and money laundering involving 91 billion CFA francs.

The much-discussed CFA 125 billion were disclosed in a CENTIF investigation report that exposed a scheme primarily based on the use of screen companies for suspicious transactions by numerous close associates of the former regime. The investigation’s temporary estimate was over 125 billion FCFA.

According to exclusive revelations from L’Observateur, the widening scope of the investigation underscores the gravity of the alleged financial misconduct. The National Financial Intelligence Unit (CENTIF) audit, which initially uncovered suspicious financial transactions, has provided critical leads that prompted the prosecutor’s office to initiate legal proceedings against Amadou Sall, Racine Sy, and other unidentified individuals.

Both men are suspected of being part of a broader “criminal association” engaged in large-scale fraud and money laundering. Their impending summons follows the interrogation of other high-profile figures, including Farba Ngom and Tahirou Sarr.

Authorities have already issued a warrant for Ngom’s arrest on charges of complicity in fraud on public funds and money laundering. Two of his brothers are also implicated.

Tahirou Sarr, another key suspect, is wanted for fraud, criminal association, and money laundering. Prosecutors have issued a warrant for his apprehension as well.

The coming days will be critical as investigators intensify their efforts to unravel the full extent of the alleged misappropriation of public funds.