Business Maverick: Senegal justice ministry calls for inquiry into energy contracts

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Business Maverick: By Reuters reuters

‘s justice ministry asked prosecutors on Monday to launch an inquiry into the country’s energy contracts after a report alleged that the president’s brother was involved in fraud related to two offshore gas blocks being developed by BP.

In the latest statement, the justice ministry called for “a full investigation into all alleged facts”.‘s energy plans long before the first oil and gas starts flowing and despite assurances from the president that he would root out corruption. The BBC said that, based on documents it had reviewed, a secret payment of $250,000 was made by Timis to a company run by the president’s brother.Timis has not been reachable for comment, but told the BBC in a statement that there had been “no wrongdoing whatsoever”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PODCAST | Business Day Spotlight: Policy uncertainty and a contracting GDP cause economic upsetProf Adrian Saville unpacks some of the week’s top economic issues, including key drivers of growth for the next 12 to 24 months
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Live Subscriptions
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Why business confidence has slippedSacci chief economist Richard Downing talks to Business Day TV about the latest BCI data
Source: BDliveSA - 🏆 12. / 63 Read more »