Financial scandal rocks Mauritius as ex-finance minister accused of fraud. Political unrest ensues with investigations and claims of vendetta.

Mauritius is currently grappling with political turmoil following a financial scandal implicating former minister Renganaden Padayachy. The ex-finance minister is facing allegations of defrauding the Mauritius Investment Corporation, while Harvesh Seegolam, former central bank head, is also under scrutiny. The situation has sparked accusations of political vendetta from the Militant Socialist Movement in the country. Notably, two influential dynasties have long held sway over Mauritian politics, further complicating the situation. President Emmanuel Macron’s recent visit has only heightened tensions in the region, with concerns that the accusations could have a detrimental impact on Mauritius’s economy.

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