Only 2% of the money invested on the ground: Thierno Alassane Sall's appalling assessment of failure on rural electrification

Tensions rose sharply on Friday, June 12, 2026, during Thierno Alassane Sall's press conference concerning the 37 billion CFA franc case involving the company AEE Power EPC. After meticulously detailing the various financial transactions revealed in confidential bank documents transmitted by the Spanish judiciary, the member of parliament delivered a particularly harsh assessment of the situation.

According to the leader of the Republic of Values party, the funds initially intended for the electrification of 1,600 Senegalese villages were dispersed across several countries without the expected tangible results being visible to rural populations. The elected official specifically mentioned massive transfers of capital to accounts located in Spain, Ivory Coast, Togo, China, Kenya, Tunisia, and Egypt.

The parliamentarian also asserts that complex currency conversion mechanisms and repeated transfers to difficult-to-identify end beneficiaries are blatantly apparent in bank statements. These opaque transactions, he argues, warrant immediate and specific attention from financial investigators and magistrates of the Financial Judicial Unit.

According to Thierno Alassane Sall, only one clearly documented expenditure concerns the actual purchase of electrical equipment, representing barely less than 2% of the initial financial contribution from the Senegalese government. "The banking records tell a simple story: the money intended to electrify villages in Senegal was sent to other accounts spread across several countries," he stated to the audience.

The former Minister of Energy concluded his indictment with a striking phrase that perfectly sums up his political and technical analysis of the case: "This is the World Cup of embezzlement."