Libération reveals that the French company Greentech SA has assigned its subsidiary Greentech Sénégal SA, as well as its president, Hapsatou Sy, before the Dakar Commercial Court. L’affaire, évoquée le 2 juin 2025, a été renvoyée au 23 juin prochain, indique la même source. (The case, which was brought on 2 June 2025, was postponed to 23 June 2025, indicating the same source.) It all started in 2021, when Hapsatou Sy, a French-Senegalese entrepreneur, initiated an economic partnership with Jean-Yves Berthon, administrator of Greentech SA. This rapprochement led to the creation of Greentech Sénégal SA on 23 June 2022, a subsidiary 72% owned by Greentech SA. Hapsatou Sy becomes president, with 24% of the capital, and the mission to develop the activities of the company in Senegal, détaille Libération.. According to le quotidien d’information, Greentech SA claims to have invested 1,72 million euros, or approximately 1,13 billion CFA francs, at the request of Hapsatou Sy, to enable the launch and operation of the Senegalese subsidiary. These funds would have been allocated to “the installation of the administrative and technical structure, the purchase of raw materials, the acquisition of a land in Diamniadio intended to accommodate a production plant, market studies, training and professional seminars”, énumère Libération. However, all activities of the subsidiary are currently at a standstill, and the planned plant at Diamniadio has never been built. More disturbing still, the Libération, a statement of real rights dated 7 January 2025, issued by the Conservateur de la propriété et des droits fonciers de Rufisque, indicates that the land on which the factory is supposed to be located still belongs to the Direction générale du patrimoine de l’État (DGPU). Greentech SA claims to have paid “353 000 euros supplémentaires”, or approximately 231,5 millions de francs CFA, to Hapsatou Sy for the “costs of acquisition foncière et des études architecturales”. The parent company denounces what it calls a “total lack of transparency” in the financial management of its Senegalese subsidiary. She stresses that “the accounts have never been presented”, despite several appeals addressed to the President. In view of this situation, Greentech SA requests the tribunal to order a judicial expertise, aimed at evaluating the real assets of the subsidiary, comparing the amounts advanced and the expenses actually incurred by Hapsatou Sy. The latter rejects these accusations, declaring that Jean-Yves Berthon has “coulé le projet” and “abandonné de jeunes travailleurs sénégalais” to their fate. Seneweb
Hapsatou Sy assigned to justice
