A case of breach of trust involving 83 million CFA francs was heard this Wednesday at the Dakar Magistrates' Court. The case implicates businessman Matar Mboup, who was arrested following a complaint filed by Fatou Wade Fall, an account manager specializing in foreign currency buying and selling.

According to the research section, the complainant accuses Matar Mboup of having improperly retained the sum of 83,063,108 CFA francs, representing the remainder of a major financial operation involving transactions in US dollars.

The investigation revealed that the two parties had established a business relationship at the beginning of 2026. After a successful initial test involving a $10 transaction, Fatou Wade Fall transferred an initial sum of 50 million CFA francs to Matar Mboup on June 1, 2026, so that he could purchase and transfer foreign currency. The operation proceeded without incident.

Building on this initial success, she then entrusted Matar Mboup with a second, much larger operation. On June 2, 2026, 281.5 million CFA francs, corresponding to the acquisition of 500,000 US dollars, was deposited into the account he provided.

But according to the plaintiff, the currency transfer was only partially executed. Matar Mboup only transferred $353,442, equivalent to 198,436,892 CFA francs, leaving a balance of 83,063,108 CFA francs that was not returned despite several reminders.

During the hearing, Matar Mboup admitted to the facts. He stated that he engaged in commercial activities related to supplier payments, the transport of goods, and cryptocurrency transactions. He acknowledged receiving 281.5 million CFA francs and admitted owing the plaintiff 83,063,108 CFA francs.

He stated, however, that he had already repaid 198,436,892 CFA francs and explained that difficulties encountered in his operations had prevented him from fully honoring his commitments. He offered an initial payment of 5 million CFA francs and requested an extension to settle the balance after a trip to China, where he claims to have business interests.

The investigations carried out by the police have established that part of the funds received was used to settle debts owed to other clients.

In court, Matar Mboup paid the plaintiff 5 million CFA francs. The plaintiff's lawyers , Youssou Guéye and Alphonse Faye, maintain that the offense of breach of trust has been committed and have claimed 100 million CFA francs in damages.

The public prosecutor argued that, in addition to breach of trust, there were also acts of fraud. He requested a one-year sentence, with six months to be served in prison.

The defense, represented by lawyers Baba Diop and Dionewar Soumaré, invoked the provisions of Article 457 (civil fault) and asked the court to dismiss the breach of trust charge.

In delivering its verdict, the court convicted the defendant on the basis of article 457. Matar Mboup must pay the sum of 80 million CFA francs as damages.