Ramgoolam’s dollars transited through Germany

How did five million USD in denominations of 100 notes, (Rs 175.4 million at current exchange rates) which were still in their original packaging, lend in the safes of Navin Ramgoolam? The Central Criminal Investigation Department (CCID) has found crucial information since last week. An enquiry, led by the Mauritian authorities in Europe, confirmed that the five million USD seized from the former Prime Minister were channelled through two German banks via Chicago and New York during two distinct periods, before being sent to Mauritius. A well-known commercial bank would be responsible for receiving the packages before transferring them discreetly to the leader of the Labour Party’s house at Riverwalk. The exercise was conducted without the Bank of Mauritius and the Mauritius Revenue Authority (MRA) being informed, hence the recent appeal to the Supreme Court so that banks disclose all foreign currency transaction made for Navin Ramgoolam.