Mauritius ex-finance minister rearrested in new fraud probe

Mauritius’s former finance minister was arrested Wednesday over a second fraud case, two days after having been released on bail over another affair, police said. The latest arrest of Renganaden Padayachy concerns alleged fraud against the Mauritius Investment Corporation (MIC), created in 2020 by the Bank of Mauritius to support businesses during the Covid-19 pandemic,

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