Absent from the country for five years, Rooplall Beerjeeraz has been in detention since his return to the country on Saturday August 5. He was arrested as soon as he set foot on Mauritian soil. The businessman is facing a provisional charge of overpayment under the Financial Anti Money Laundering Act.
On several occasions, his trial in the intermediate court had been postponed, due to his absence. In court, an Interpol representative explained that the police had lost track of him.
He disappeared from circulation in 2018 after obtaining a “variation order” from justice. The Central Criminal Investigation Department (CCID), via Interpol, had found him in Thailand, but the steps had not been able to lead to his arrest abroad.
Rooplall Beerjeeraz appeared before the Financial Crimes Division in a trial he has been responding to since 2018. He was released on bail on Monday in the Port-Louis court. CCID investigators arrested him soon after. He was still in the precincts of the Port-Louis court.
Since then, the CCID has kept him in detention pending his hearing in the case of embezzlement and fraud of Rs 95 million, to the detriment of Maubank.
He will be confronted with various crimes: embezzlement and use of false documents, among others, to obtain bank loans.
He had obtained, among other things, a loan of Rs 40 million from the Mauritius Post and Cooperative Bank (MPCB) in 2015, through fictitious guarantees.
The businessman will be questioned at the Central Barracks about bank loans he took out through companies he created from 2010 to 2015.
In July 2022, his wife was arrested by the CCID. Marie Marjorie Nathalie Armance is suspected of embezzlement of tens of millions of rupees, to the detriment of the former MPCB, today Maubank, in the case of toxic loans. The CCID also suspects her of being involved in other similar crimes. The amount of money embezzled would amount to Rs 95 million.
Trust her husband
The modus operandi of the duo Rooplall Beerjeeraz and Marie Marjorie Nathalie Armance was to open bank accounts for companies. And then he applied for loans. Once the money was credited, they diverted it to other bank accounts, some of them overseas. And they weren’t repaying the loans. The CCID has evidence showing that the woman obtained a loan of Rs 10 million through a company in 2012.
She told CCID investigators that she trusted her husband and signed documents blindly. According to the CCID, in November 2012, Marie Marjorie Nathalie Armance provided false data to obtain bank loans. False guarantees (real estate) had also been used during the proceedings.
In March 2022, the anti-corruption commission had examined the loans granted by MauBank. The case of loans reaching approximately Rs 1.5 billion, granted by the former MPCB, had broken out. Companies belonging to brothers Rakesh and Prameshwar Gooljaury, Mohamed Alykhan and Rooplall Beerjeeraz had been the beneficiaries.
2023-08-12 14:16:57
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