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Former Mauritius central bank governor charged with fraud, freed on bail - REUTERS

APRIL 11, 2025

PORT LOUIS, April 10 (Reuters) - Harvesh Seegolam, the former central bank governor of Mauritius, was charged with fraud on Thursday and released on bail, his lawyer said, a day after he was arrested alongside the former finance minister over alleged theft from a state company.
Seegolam and former finance minister Renganaden Padayachy have denied wrongdoing in the investigation into the reported embezzlement of 300 million Mauritius rupees ($6.70 million) from the Mauritius Investment Corporation, set up to help companies deal with impact of the COVID pandemic.

"Seegolam is collaborating with the authorities. He is giving all evidence and information related to this case," Seegolam's lawyer told reporters.
The Financial Crimes Commission said the investigation into Padayachy had not been completed and so opposed his release.


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