Financial Crimes Commission investigates Avinash Gopee's companies over Rs 1.2 billion in loans
via Le Mauricien2 min read
The Financial Crimes Commission FCC has launched a major financial investigation into the activities of businessman Avinash Gopee, who has ties to the former Prime Minister's Office under Pravind Jugnauth. The inquiry, which began last month, focuses on approximately Rs 1.2 billion in financial facilities granted between 2020 and 2024 for various projects linked to his companies. These loans include Rs 550 million from the Mauritius Investment Corporation MIC for the Royal Green luxury villa project, Rs 600 million from the State Bank of Mauritius SBM for a building construction, and Rs 64 million from the Industrial Finance Corporation to Royal Green Healthcare Ltd. The FCC is also scrutinizing contracts secured by Nundan Gopee N. G Co. Ltd, such as the leasing of offices in Ébène to parastatal bodies like the Economic Development Board and the Financial Services Commission FSC. Investigators have interviewed financial sector stakeholders, including SBM executives and regulatory representatives, to clarify loan conditions, trace funding, identify fund origins, and understand approval processes. A comprehensive document analysis is underway, examining loan files from various banks and documents submitted to the FSC, with a focus on financial structures and potential capital movements abroad. The businessman is expected to be summoned by the FCC for questioning regarding his projects' financial architecture, interactions with lenders, and fund utilization. Search operations we
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