Financial scandal rocks Mauritius as ex-minister accused of fraud. Political unrest ensues, impacting economy. Macron visit adds tension.

Mauritius is currently grappling with political turmoil as a financial scandal implicating former minister Renganaden Padayachy unfolds. The ex-finance minister stands accused of defrauding the Mauritius Investment Corporation, while former central bank head Harvesh Seegolam is also under scrutiny. The situation has been further exacerbated by claims from the Militant Socialist Movement alleging political vendetta. Notably, two powerful dynasties have long held sway over Mauritian politics, adding a complex layer to the unfolding events. The recent visit of French President Emmanuel Macron has only heightened tensions in the country. The repercussions of these accusations could potentially have a significant impact on the Mauritian economy.

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