Mauritius issued an arrest order for former Finance Minister Renganaden Padayachy amidst an embezzlement probe, shortly after central bank governor Harvesh Seegolam was released on bail following fraud conspiracy charges.
These moves mark the first major actions by Prime Minister Navin Ramgoolam, who has accused the previous government of years of falsifying economic data.
Padayachy's arrest is tied to an alleged 45 million rupee ($524,997) embezzlement from the Mauritius Investment Corporation, reportedly benefiting Menlo Park Ltd.