Crisis in Madagascar: Mamy Ravatomanga's Investments: Will the Hundreds of Millions in a Bank Come Under Scrutiny by the FCC?

Malagasy businessman Maminiaina Ravatomanga, known as Mamy, is at the center of an investigation by the Financial Crimes Commission (FCC). He arrived on the island during the night of October 11 to 12 aboard a private jet, and the tycoon is reported to hold hundreds of millions of US dollars (several billion rupees) in a local bank, according to information confirmed by our sources. This case raises significant questions for the offshore sector, where Mamy Ravatomanga is involved ...