Mauritius is currently grappling with political turmoil stemming from a financial scandal implicating former finance minister Renganaden Padayachy, who stands accused of defrauding the Mauritius Investment Corporation. The scandal has also ensnared ex-central bank chief Harvesh Seegolam, who is now under investigation. The allegations have sparked claims of political vendetta from the Militant Socialist Movement in a country where two powerful political dynasties have long held sway. Against this backdrop of unrest, tensions have been further inflamed by the recent visit of French President Emmanuel Macron. The implications of these accusations extend beyond the realm of politics, potentially casting a shadow over Mauritius’s economy.

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