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Former Mauritius finance minister granted bail in fraud case


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  A court in Mauritius has granted bail to a former finance minister charged with fraud over alleged embezzlement at a state-owned company, his lawyer and the financial crimes commission said on Monday.

Former Mauritius Finance Minister, Yogida Sawmynaden, was granted bail on April 11, 2023, after being arrested on charges of fraud and money laundering related to a corruption scandal involving the misuse of public funds for political purposes. The allegations stem from a scheme where public funds were allegedly diverted to finance political activities during the 2019 elections. Sawmynaden, who denies the charges, was released on a bail of 100,000 Mauritian rupees ($2,700) with conditions to report to the police station weekly and surrender his passport. The case has sparked significant public and political interest in Mauritius, with ongoing investigations into other implicated officials.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/news/world/former-mauritius-finance-minister-granted-bail-in-fraud-case/ar-AA1CS91J ]

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