The govt. Of Senegal (GOS) owns a stake in a telecommunications conglomerate.
The majority is owned by a French Telecom company.
They (the president mostly) are secretley planning on selling those shares in a private deal facilitated by Rothschild Bank.
Rothschild gets a 1.5% fee.
The fear circles around rumors that the presidents son (Karim Wade) will be given the right to buy the shares (probably at a discount to market value) with cash that he has accumulated through illegal deals.
Sources indicate the his cash is approximately equal to the value of the shares.
Then he could sell the shares in the open market (stock exchange) effectively laundering his money to the point of plausible deniability.
The result would be Senegalese people would loose thier single most valuable asset which accounts for about 12% of thier revenue.
It would also destroy thier standing with the IMF and threaten thier ability to continue recieving loans and other foriegn support.
So if true the deal is completely corrupt and Rothschild is acting as the intermediary and taking a fee.
So the Rothschild banks stake amounts to about 15 million which isn't much, that's why I suspect that they also have deep relationships with Karim Wade and his partners/chronies who really stand to benefit.
This entry was posted on Wednesday, August 17th, 2016 at 00:00:38 and is filed under afrique, économie, conspiration, corruption, english, fraude, spéculation, wikileaks. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.