{"id":15904,"date":"2025-04-10T13:34:54","date_gmt":"2025-04-10T13:34:54","guid":{"rendered":"https:\/\/qiraatafrican.com\/en\/?p=15904"},"modified":"2025-04-10T13:34:54","modified_gmt":"2025-04-10T13:34:54","slug":"former-mauritius-central-bank-governor-charged-with-fraud-freed-on-bail","status":"publish","type":"post","link":"https:\/\/qiraatafrican.com\/en\/15904\/former-mauritius-central-bank-governor-charged-with-fraud-freed-on-bail\/","title":{"rendered":"Former Mauritius central bank governor charged with fraud, freed on bail"},"content":{"rendered":"<p>Harvesh Seegolam, the former central bank governor of Mauritius, was charged with fraud on Thursday and released on bail, his lawyer said, a day after he was arrested alongside the former finance minister over alleged theft from a state company.<\/p>\n<p>Seegolam and former finance minister Renganaden Padayachy have denied wrongdoing in the investigation into the reported embezzlement of 300 million Mauritius rupees ($6.70 million) from the Mauritius Investment Corporation, set up to help companies deal with impact of the COVID pandemic.<\/p>\n<p>&#8220;Seegolam is collaborating with the authorities. He is giving all evidence and information related to this case,&#8221; Seegolam&#8217;s lawyer told reporters.<\/p>\n<p>The Financial Crimes Commission said the investigation into Padayachy had not been completed and so opposed his release.<\/p>\n<p>Padayachy has been remanded to police custody and will reappear in court on April 17, the commission spokesperson said.<\/p>\n<p>Padayachy&#8217;s lawyer, Raouf Gulbul, said he would fight the charges.<\/p>\n<p>&#8220;In a match, it\u2019s not the first player to score who wins the match. A match is played over 90 minutes. I am not afraid of new allegations against my client,&#8221; Gulbul told reporters.<\/p>\n<p>The government of Prime Minister Navin Ramgoolam, who won power in a November election, has accused the previous administration, under which the two former officials served, of falsifying data on economic growth, the budget deficit and public debt for years.<\/p>\n<p>One of Ramgoolam&#8217;s first moves was to launch an audit of public finances. His predecessor, former prime minister Pravind Jugnauth, was arrested in February on charges of money laundering, which he has denied.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harvesh Seegolam, the former central bank governor of Mauritius, was charged with fraud on Thursday and released on bail, his lawyer said, a day after he was arrested alongside the former finance minister over alleged theft from a state company. Seegolam and former finance minister Renganaden Padayachy have denied wrongdoing in the investigation into the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14509,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[29,32],"tags":[3656,293],"class_list":["post-15904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-africa","category-economy","tag-harvesh-seegolam","tag-mauritius"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/15904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=15904"}],"version-history":[{"count":0,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/15904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/14509"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=15904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=15904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=15904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}