Statement from the EITI International Secretariat
13 June 2019
We note the BBC Panorama documentary “the $10 Billion Energy Scandal” on Sunday 2 June and subsequent statements regarding the Extractive Industries Transparency Initiative (EITI) Validation of Senegal.
Senegal was admitted as an EITI member country in October 2013. In accordance with the EITI Standard, all EITI implementing countries are subject to period evaluation (“Validation”). The Validation of Senegal commenced in July 2017. The Board agreed an assessment on 8 May 2018 (here), in which Senegal was found to have made “satisfactory progress” in implementing the 2016 EITI Standard.
Validation focuses on adherence to the EITI’s requirements on stakeholder engagement and government and company disclosures, and lays out key information about the governance of the sector. Stakeholders can raise concerns regarding adherence to these requirements at any time (see here). Validation is not an audit or an investigation into alleged incidents of financial malpractice.
The EITI Reporting process is managed at the national level. Since Senegal became an implementing country in October 2013, the multi-stakeholder group in Senegal has published five EITI Reports, covering the years 2013 to 2017. The reporting therefore does not cover 2012 which is when many of the alleged licensing activities occurred.
Therefore, the EITI has not made any judgement on this case through validation or any other process. It is hoped that it has provided information subsequent to 2012 which can inform further investigation and debate into this matter.
Read the full statement here.