The Constitutional Council made public in the “Official Journal” the assets declaration of Bassirou Dioumiye Diakhar Faye, President of the Republic of Senegal. This approach complies with the requirements of Article 37 of the Constitution, which requires the President to file a written declaration of his assets with the Constitutional Council upon taking office.
Personal and professional details
Bassirou Diomaye Diakhar Faye, born on March 25, 1980 in Ndiaye, takes office on April 2, 2024. Prior to his election, he held the position of Inspector of Taxes and Domains at the Ministry of Economy and Finance. He is married under a property separation regime and receives a monthly salary of 4,850,302 CFA francs.
financial assets
Mr Faye’s asset declaration includes several bank accounts in Senegal:
-BICIS (current account): 14,776,405 CFA francs
-BICIS (savings account): 2690 CFA francs
– UBA (current account): 7,457,857 CFA francs
Mr. Faye also took loans from the same banks:
-BICIS: 8,000,000 CFA francs (on salaries) of which 6,478,451 CFA francs remains to be paid
-UBA: 30,000,000 CFA francs (on profit) of which 24,486,162 CFA francs remains to be paid
real estate
In the case of real estate, the head of state owns:
-House in Mermoz (Dakar), built on a plot of 200 m2 Lot 119 TF: estimated at 274,976,000 CFA francs, land valued at 140,000,000 CFA francs and buildings valued at 134,976,000 CFA francs.
-Land of 80m/40 in Ndiagniao: acquired in 2017 for 3,000,000 CFA francs.
-Agricultural land of 4.3 hectares in Sandiara: acquired in 2022 for 15,050,000 CFA francs, with additional investments of 29,000,000 CFA francs.
– 202 m2 of vacant land in Keur Moussa (Daral Peulh2): initially estimated at 700,000 CFA francs, then 1,700,000 CFA francs, acquired in 2009.
Vehicle
Mr. Faye owns a Ford Explorer Platinum brand vehicle, purchased second-hand in 2022 for 13,000,000 CFA francs.
The Constitutional Council, chaired by Mr. Mamadou Badio Camara, validated and published this declaration in its session on July 25, 2024, in accordance with the provisions of the Organic Law of July 14, 2016 relating to the Constitutional Council. The publication of this asset declaration is an important step for the transparency and integrity of the Senegalese government. It allows citizens to have a clear view of their president’s financial situation and ensures that leaders act in the public interest.