Money Laundering

Mauritius’ former Prime Minister gets bail on money laundering charges

A court in Mauritius has released former Prime Minister Pravind Jugnauth on bail following his arrest on charges of money laundering, a magistrate at the court said. Last month, the country's former central bank governor was detained and released on bail after being charged with conspiracy to commit fraud. An Indian Ocean archipelago, Mauritius is an offshore financial centre that markets itself as a link between Africa and Asia. "He (Jugnauth) shall not interfere directly or indirectly with ...

February 16, 2025 1:45 PM

Former Mauritius Prime Minister arrested, says Financial Crimes Commission

Former Mauritius Prime Minister Pravind Jugnauth has been arrested and is facing money laundering charges, the state-run Financial Crimes Commission said early on Sunday. Jugnauth "is under arrest", FCC spokesperson Ibrahim Rossaye told reporters, adding that he will be detained in Moka detention centre in Moka district in central Mauritius. The arrest followed searches by FCC detectives of different locations, including Jugnauth's residence, during which they found and seized 114 million Maur...