Port Louis – Former Mauritius Prime Minister Pravind Jugnauth has been released on bail following his arrest on money laundering charges. The arrest, carried out by the country’s Financial Crimes Commission (FCC), took place on Saturday as part of an investigation into financial irregularities.
Authorities conducted searches at multiple locations, including Jugnauth’s residence, where they reportedly seized significant amounts of cash in various currencies and several luxury watches. Three other individuals, including two business figures and a deputy mayor, were also detained in connection with the case.
Jugnauth has denied the charges against him. His legal representatives stated that he intends to contest the allegations. Following a court hearing on Sunday, bail was set at $32,000 (£26,000), with conditions that restrict contact with witnesses and require him to notify authorities of any change in residence.
His wife, Kobita Jugnauth, was questioned by investigators but was not charged. The three other individuals detained in the case remain in custody as their bail applications are reviewed.
The FCC has stated that approximately $2.4 million in local and foreign currency, along with luxury watches, was confiscated during the operation. Officials have not disclosed further details on the nature of the investigation.
Jugnauth served as Prime Minister from 2017 to 2024 and played a role in diplomatic negotiations, including discussions regarding the sovereignty of the Chagos Islands. His successor, Navin Ramgoolam, has since announced efforts to address corruption and governance issues in the country.
The case remains under investigation, with further legal proceedings expected.
Get comprehensive supply chain report news updates at The Supply Chain Report. For international trade tools, see ADAMftd.com.
#MauritiusPolitics #MoneyLaundering #CorruptionCharges #PoliticalScandal #LegalAffairs #GlobalNews #FinancialCrime
