BR100 Decreased By (-0.25%)
BR30 Decreased By (-0.05%)
KSE100 Decreased By (-0.16%)
KSE30 Decreased By (-0.24%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.19 Decreased By ▼ -0.02 (-0.38%)
BML 57.88 Increased By ▲ 0.38 (0.66%)
BOP 34.10 Increased By ▲ 0.07 (0.21%)
CNERGY 10.05 Increased By ▲ 0.09 (0.9%)
CSIL 5.32 Increased By ▲ 0.01 (0.19%)
FCCL 54.60 Decreased By ▼ -0.10 (-0.18%)
FFL 16.62 Decreased By ▼ -0.07 (-0.42%)
FNEL 1.25 Increased By ▲ 0.02 (1.63%)
KEL 7.29 Decreased By ▼ -0.11 (-1.49%)
KOSM 5.78 Increased By ▲ 0.01 (0.17%)
LOTCHEM 29.38 Increased By ▲ 0.06 (0.2%)
MLCF 93.50 Decreased By ▼ -0.86 (-0.91%)
NBP 202.00 Decreased By ▼ -1.05 (-0.52%)
NCPL 56.86 Decreased By ▼ -0.14 (-0.25%)
NPL 67.76 Increased By ▲ 0.06 (0.09%)
OGDC 316.40 Increased By ▲ 0.56 (0.18%)
PACE 10.65 Increased By ▲ 0.01 (0.09%)
PAEL 43.09 Decreased By ▼ -0.11 (-0.25%)
PIBTL 16.62 Decreased By ▼ -0.12 (-0.72%)
PPL 219.50 Decreased By ▼ -0.28 (-0.13%)
PRL 50.61 Increased By ▲ 1.42 (2.89%)
PTC 70.80 Increased By ▲ 0.27 (0.38%)
SSGC 27.76 Decreased By ▼ -0.49 (-1.73%)
TBL 9.75 Decreased By ▼ -0.11 (-1.12%)
TELE 8.71 Decreased By ▼ -0.08 (-0.91%)
TPL 18.36 Increased By ▲ 0.12 (0.66%)
TPLP 13.51 Increased By ▲ 0.24 (1.81%)
TREET 22.65 Decreased By ▼ -0.07 (-0.31%)
TRG 60.05 Decreased By ▼ -0.09 (-0.15%)
World

Mauritius’ former prime minister gets bail on money laundering charges

Published Updated
Photo: Reuters
Photo: Reuters
By

PORT LOUIS: 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.

Jugnauth was arrested on Sunday after detectives from the state-run Financial Crimes Commission searched his home, among other locations, to find and seize 114 million Mauritius rupees ($2.5 million).

“He (Jugnauth) shall not interfere directly or indirectly with any witness or potential witness,” Rishan Chineah, the magistrate at the bail and remand court in the capital, Port Louis, said on Sunday.

The magistrate also barred Jugnauth from communicating about the case with anyone, except for investigation authorities or the court itself, and ordered him to appear on Monday to complete the bail process.

Jugnauth’s lawyer, Raouf Gulbul, told reporters his client denied the charges. Jugnauth was provisionally charged with money laundering, the director of public prosecution told the court in a charge sheet.

Russian Navy warship holds artillery firing drills in Sea of ​​Japan, Interfax reports

In November, Mauritius’ new Prime Minister Navin Ramgoolam announced an audit of public finances days after questioning the accuracy of some government data compiled by the previous administration.

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.

Comments

Comments are closed for this article.