Dakar Matin | 31 October 2016
Pinned for fraud, with damages of more than 8 billion CFA (around 13.5 million USD) to the state of Senegal, Senhuile had agreed to a compromise. However, it only honoured a part of its commitment, and Senegalese customs reacted with strong measures.
We learned from trusted sources that customs agents from the St. Louis brigade recently conducted a raid on Senhuile’s facilities in Ndiael and seized equipment and materials of the Tampieri Financial Group. The operation was motivated by Senhuile management’s failure to comply with commitments it made after being accused of fraud.
Senhuile had taken advantage of incentives from the state of Senegal, created to encourage agricultural investment, and had obtained tax-free equipment which it then sold without making a customs declaration. Customs agents started to investigate after receiving an anonymous tip. The investigation found that the company owed 8 billion CFA to the state of Senegal.
Caught red-handed, CEO Massimo Vittorio Campadese agreed to pay 1.7 billion CFA. But according to our sources, he only paid only 1.1 billion CFA to the Treasury before fleeing abroad as soon as his confiscated passport was returned to him….