Arrested and Detained at Moka Detention Centre - Sanjiv Ramdanee Suspected of Conspiracy
Sanjiv Ramdanee, the brother-in-law of former Prime Minister Pravind Jugnauth, was arrested and detained at the Moka Detention Centre by the Financial Crimes Commission (FCC) on Tuesday evening. He is suspected of conspiracy to secure a loan of Rs 470 million intended for the construction of villas at Maradiva.
This investigation follows the case of Sattar Hajee Abdoula, linked to alleged money laundering related to a contract awarded to his company Grant Thornton by Air Mauritius. The FCC has now focused on Ramdanee, who is the CEO of Dhyanavartam Ltd, the owner of Maradiva Villas Resort and Spa. After several hours of questioning at the Réduit Triangle, he was taken into custody for conspiracy.
According to the FCC, Ramdanee allegedly conspired in July 2024 with Premchand Mungur, the CEO of the State Bank of Mauritius (SBM) and the president of the Management Credit Forum, to facilitate the granting of a Rs 470 million loan to his company for the construction of villas within the Maradiva hotel. The investigation suggests that Ramdanee may have gained undue advantage in this transaction.
Following his interrogation on Tuesday, with the assistance of lawyers Mᵉ Hervé Duval Jr and Mᵉ Shadmeenee Mootien, Ramdanee was placed in custody at the Moka Detention Centre, awaiting his court appearance scheduled for Wednesday, December 3.
This inquiry is a continuation of the investigation that led to the arrest of Premchand Mungur, former CEO of SBM, by the FCC on June 18, 2025. Mungur was accused of "fraud by abuse of function" under the FCC Act and was released on bail of Rs 450,000. He contested his arrest through an injunction.
During his hearing on December 2, Ramdanee faced the accusations. Despite providing explanations, they did not convince the commission thus far.
From the outset of the investigation, the FCC established that Premchand Mungur misled the SBM board regarding the loan request from Ramdanee's company. Certain financial risks associated with this loan were minimized, facilitating the approval of the financing request.
