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Mauritius' former prime minister gets bail on money laundering charges

Published by Global Banking & Finance Review

Posted on February 17, 2025

2 min read

· Last updated: January 26, 2026

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Former Prime Minister Pravind Jugnauth granted bail on money laundering charges - Global Banking & Finance Review
Featured image of former Prime Minister Pravind Jugnauth, who was recently released on bail amid money laundering allegations in Mauritius, reflecting the ongoing financial scrutiny in the country.
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PORT LOUIS (Reuters) - A court in Mauritius has released former Prime Minister Pravind Jugnauth on bail following his arrest on charges of money laundering, a magistrate at the court said. Jugnauth

Mauritius Ex-Prime Minister Jugnauth Released on Bail

PORT LOUIS (Reuters) - A court in Mauritius has released former Prime Minister Pravind Jugnauth on bail following his arrest on charges of money laundering, a magistrate at the court said.

Jugnauth was arrested on Sunday after detectives from the state-run Financial Crimes Commission searched his home, among other locations, to find and seize 114 million Mauritius rupees ($2.5 million).

"He (Jugnauth) shall not interfere directly or indirectly with any witness or potential witness," Rishan Chineah, the magistrate at the bail and remand court in the capital, Port Louis, said on Sunday.

The magistrate also barred Jugnauth from communicating about the case with anyone, except for investigation authorities or the court itself, and ordered him to appear on Monday to complete the bail process.

Jugnauth's lawyer, Raouf Gulbul, told reporters his client denied the charges.

Jugnauth was provisionally charged with money laundering, the director of public prosecution told the court in a charge sheet.

In November, Mauritius' new Prime Minister Navin Ramgoolam announced an audit of public finances days after questioning the accuracy of some government data compiled by the previous administration.

Last month, the country's former central bank governor was detained and released on bail after being charged with conspiracy to commit fraud.

An Indian Ocean archipelago, Mauritius is an offshore financial centre that markets itself as a link between Africa and Asia.

($1=46.1700 Mauritius rupees)

(Reporting by Villen Anganan; Writing by George Obulutsa; Editing by Ammu Kannampilly and Clarence Fernandez)

Key Takeaways

  • Former PM Pravind Jugnauth arrested on money laundering charges.
  • Jugnauth released on bail with conditions to not interfere with witnesses.
  • Mauritius is an offshore financial centre linking Africa and Asia.
  • New PM Navin Ramgoolam announced an audit of public finances.
  • Former central bank governor also faced legal charges recently.

Frequently Asked Questions

What is the main topic?
The article discusses the bail release of Mauritius' former Prime Minister Pravind Jugnauth on money laundering charges.
Who is Pravind Jugnauth?
Pravind Jugnauth is the former Prime Minister of Mauritius, recently charged with money laundering.
What are the implications of this case?
The case underscores financial scrutiny in Mauritius, an important offshore financial centre.

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