Former Mauritius Central Bank Governor Arrested

Harvesh Seegolam, the former governor of the Bank of Mauritius, was arrested on January 3, 2025, upon his return from abroad, as part of an investigation into alleged conspiracy to defraud involving a suspicious transfer of one million dollars. Following his arrest, he was released on bail the next day after a provisional charge was lodged against him. This arrest marks a significant action by Prime Minister Navin Ramgoolam's new government, which has accused the previous administration of manipulating financial data and mismanaging public funds. The investigation is also looking into possible internal complicity within the Bank of Mauritius and its financial dealings. Seegolam had resigned shortly after the November 2024 elections, and his arrest follows a police order issued in December for his detainment. The government has vowed to hold accountable those responsible for past financial mismanagement, indicating a broader scrutiny of the previous administration's actions.