Saturday, August 9, 2008

No wonder the Chinese aren't getting paid

The Khalif was in Dakar recently wondering where all the money from Touba disappeared to. Chinese contractors aren't going to get paid if revenues disappear after being sent to Dakar and the President Wade's central government. So now there is this revelation, from today on Independent Online:

"Dakar - Senegalese President Abdoulaye Wade has sacked Budget Minister Ibrahima Sarr for allowing government departments to overspend by 109-billion CFA francs ($252-million), a Finance Ministry official said late on Friday.

Wade sacked a quarter of his ministers last year in a bid to cut costs in the face of a ballooning food import bill, but has been criticised by opponents for funding prestige projects such as a planned 50-metre bronze "African Renaissance" statue.

The octogenarian president signed a decree sacking Sarr late on Thursday.

The decree gave no reason for Sarr's sacking, which came just hours after Wade met resident International Monetary Fund representative Alex Segura. Details of their discussions were not made public."

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