In Mauritius, the Commission Against Financial Crimes has secured a freeze on the assets of Malagasy businessman Mamy Ravatomanga. This measure is part of an investigation into money laundering.
The businessman arrived on Sunday, October 12th, aboard a private jet from Madagascar.
Credible Intelligence
The Commission Against Financial Crimes opened a money laundering investigation the day after his arrival, following several complaints from Malagasy nationals in Mauritius. According to the commission, credible intelligence indicates that Mamy Ravatomanga transferred a large sum of money to Mauritius, with the intention of moving these funds to another country. According to a source close to the Mauritian government, the amount in question is several million euros.
This asset freeze targets the businessman, his wife, and companies in which they have interests. In a statement, the commission explained that this measure is part of the fight against illicit financial flows. Meanwhile, the Mauritian government confirmed on Friday, October 17th, that a police investigation has been opened following the arrival of the private jet without a flight plan or prior authorization. The pilot could face prosecution.
Cooperate
As for Mamy Ravatomanga, he remains in Mauritius. Formally, he is not subject to a travel ban, but if he wants to leave the country, he must obtain authorization from the Commission Against Financial Crimes. According to his lawyer, the businessman intends to cooperate fully, as he has nothing to reproach himself for.