Senegal's Financial Prosecutor: Corruption Probe Opens Against ASER-AEE Power Executives

• A corruption probe has been opened in Senegal following a complaint by Deputy Thierno Alassane Sall.
• The investigation targets several infractions, including embezzlement of public funds, corruption, and money laundering.
• The Financial Prosecutor's Office has decided to open a judicial inquiry against certain executives of ASER and AEE Power EPC SAU.

The probe was launched after preliminary investigations were completed, which revealed 'acts susceptible of being qualified as penal'.

A corruption probe has been opened in Senegal following a complaint filed by Deputy Thierno Alassane Sall regarding the execution of a rural electrification market contract between ASER and Spanish company AEE Power EPC SAU. The investigation targets several infractions, including embezzlement of public funds, corruption, and money laundering. According to a statement from the Financial Prosecutor's Office, the probe was launched after preliminary investigations were completed, which revealed 'acts susceptible of being qualified as penal'. The prosecutor has decided to open a judicial inquiry against certain executives of the implicated companies, as well as against unknown individuals (X).

The investigation is based on a complaint filed by Deputy Thierno Alassane Sall in October 2025, which alleged false pretenses and embezzlement of public funds. The Financial Prosecutor's Office had previously requested an investigation into the matter in October 2025. The probe targets several individuals and entities, including executives of ASER and AEE Power EPC SAU, as well as unknown individuals (X). The inquiry will allow for the identification of all those involved in the commission of the crimes. International cooperation is also being sought through a rogatory commission and judicial delegation.

The opening of this corruption probe sends a strong signal that the Senegalese authorities are committed to tackling corruption in rural electrification projects. The investigation has significant implications for lawyers and compliance officers, who should be aware of potential asset freezes or enforcement actions against individuals or entities implicated in the probe. The inquiry will also shed light on any other infractions that may have been committed during the execution of the contract. Ultimately, the goal is to establish the truth about the alleged crimes and determine the responsibilities of those involved.

Lawyers and compliance officers should watch for potential implications of this development, including the possibility of asset freezes or other enforcement actions against individuals or entities implicated in the corruption probe.

Source: Original reporting via SenPlus