Mauritius Arrests Former Central Bank Chief in Probe Over Fraud.

Former Central Bank Governor Harvesh Seegolam of Mauritius has been arrested on charges of conspiracy to defraud the nation, following an audit of public finances by the new government led by Prime Minister Navinchandra Ramgoolam. Seegolam, who served from March 2020 to November 2024, is being questioned by the Central Criminal Investigation Department. The investigation stems from the disbursement of 45 million rupees by the Mauritius Investment Corp. to a high-risk company, prompting criticism from the Prime Minister about the central bank's actions. [Extracted from the article]