Former Mauritian Minister Accused in Financial Scandal, Political Unrest Ensues as President Macron Visits, Economy at Risk

Mauritius is currently embroiled in political turmoil following a financial scandal implicating former minister Renganaden Padayachy for allegedly defrauding the Mauritius Investment Corporation. Another prominent figure under investigation is ex-central bank head Harvesh Seegolam. The political party Militant Socialist Movement has accused the government of pursuing a political vendetta. The scandal comes at a time when two dominant political dynasties have long held sway in Mauritian politics. Tensions have escalated with the recent visit of French President Emmanuel Macron. The allegations and instability could have far-reaching consequences for Mauritius’s economy.

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