The African Refining Company (SAR) is the subject of lively exchanges between the now majority shareholder, Locafrique, and the Senegalese Ministry of Energy.
In an interview with the daily Obs, Khadim Ba, Director General of Locafrique denies the deficit of 40 billion CFA Sar and accuses the Minister of Energy, Mansour Elimane Kane, wanting to endorse a “robbery” in within the company, the only refiner in Senegal.
“It’s bad governance. The SAR is the first cash company in the country. It is 400 billion F CFA of turnover. We can NOT tell you that this structure is causing problems. Concretely, there are diversions that are going to be operated at the level of the general management of the Sar. And we are asked to legitimize this flight. And I said no! “Says Khadim Badiane, SAR shareholder.
Justifying his remarks, the boss of Locafrique adds: »when we consulted the various partners, we found ourselves with more than 566 million euros (more than 370 billion) of funding. What the SAR never had. Board meetings have been held so that practical implementation can take place, still nothing “.
Stung, the oil minister said from the USA where it is that
if there are people who have made “bad decisions”, it will be “rectified”. Mansour Elimane Kane reminded that it is the Pca and the Dg de la Sar who deal with contracts and not the State. “The ministry does not manage the operation of the Sar,” he said in Libération. Before adding: “What concerns us is the image of the state.” Is the SAR a nebula?
