Mauritius police have issued an arrest warrant for former central bank governor Harvesh Kumar Seegolam as part of a conspiracy to defraud investigation, marking the first major action by Prime Minister Navin Ramgoolam’s new administration in addressing alleged financial misconduct.
The arrest order, issued by the police anti-money laundering unit, follows Ramgoolam’s recent revelations that the previous government systematically falsified key economic indicators, including GDP, budget deficit, and public debt figures over multiple years.
A parliamentary report has also accused the central bank of improperly printing money to fund the Mauritius Investment Corporation (MIC), established in 2020 as a COVID-19 business support mechanism. The report criticizes this action as “irresponsible,” noting it should have been funded through official foreign exchange reserves instead.
Police authorities confirmed Seegolam is currently outside the country and will face arrest upon return to Mauritius. The former governor has not responded to requests for comment on the allegations or arrest order.
