Ministers accused of money laundering in Mauritius

Mauritius

Mauritius

After a raft of Ponzi schemes being investigated by  law enforcement authorities since March, Mauritian Prime Minister says no ministers  whatsoever from the national assembly is implicated in money laundering scams .

The allegations centre around an estimated 63 million dollar fraudulent scam which was invested by Whitedot International  in which directors of the firm were charged  for making people invest in a Ponzi pyramid schemes.

During question  time in sesion sitting of the national assembly, Prime Minister Navin Ramgoolam was given a barrage of questions by senior MP’s relating to police investigations into a Ponzi money laundering scam which may involve senior ministers.

During question  time in sesion sitting of the national assembly, Prime Minister Navin Ramgoolam was given a barrage of questions by senior MP’s relating to police investigations into a Ponzi money laundering scam which may involve senior ministers.

” Investigations have not involved members of the national assembly  ,however I give serious attention to these allegations which are rumours,” Ramgoolam said

Opposition leader of Alan Ganoo MMM party  queried the Prime Minister  on if  law enforcement authorities have a decisive strategy on tackling rising cases of Ponzi Schemes and if he is hiding information from public view .

Additionally MP Ganoo warned the national assembly that investigations should look at if  parliamentarians were involved in fraudulent activities ,noting that the rising number of cases the police are dealing  with is a shamble.

MSM (Mauritius Socialist Party )Deputy leader Mahen Jhugroo also questioned  the Prime Minister  if members of the National Assembly were involved in criminal activities such as money laundering and fraud and  if so information should be provided to investigators.

MSM (Mauritius Socialist Party )Deputy leader Mahen Jhugroo also questioned  the Prime Minister  if members of the National Assembly were involved in criminal activities such as money laundering and fraud and  if so information should be provided to investigators.

MP Mahen Jhugroo, additionally queried the  Prime Minister if he was cognisant of   individuals removed from a suspect list to prevent political corruption proceedings in the police investigation.

The Mauritian leader told parliament however that this type of organized crime is serious and that “big sharks” will be targeted  if sufficient evidence is found.

According to the Prime Minister  the continuing financial scandal  has seen 70 persons arrested  including  an unnamed barrister.

He told the national assembly members that the police are  investigating the financial scandal and that the Financial Intelligence Unit (FIU),  and the Directorate of Public Prosecutions are firmly entrenched in investigations.

Officials from the  Independent Commission Against Corruption(ICAC) yesterday conveyed that they will investigate allegations of fraud at the Mauritian Registrar of Companies ,a government bureau tasked with collecting information on all companies operating on the island.

According to local media reports over 2000 individuals have been robbed of money in Ponzi and various other money laundering schemes recently, subsequent investigations by the  Mauritian Police’s Criminal Investigation Department are on-going.

© 2013, Jean-Yves Bignoux. All rights reserved. – The views expressed here are purely those of the author and not necessarily those of the publishers. – Newstime Africa content cannot be reproduced in any form – electronic or print – without prior consent of the Publishers. Copyright infringement will be pursued and perpetrators prosecuted.

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