Release Request: The FCC Fears Mamy Ravatomanga Might Flee on His Private Jet
Title: Release Request: The FCC Fears Mamy Ravatomanga Might Flee on His Private Jet
Content: Through its investigator, Khemraj Jokhoo, the Financial Crimes Commission (FCC) claims that Mamy Ravatomanga could flee.
Risks of flight, witness tampering, evidence falsification, and obstruction of justice were cited on Tuesday, December 23, 2025, by Chief Investigator Khemraj Jokhoo to oppose the bail motion for Malagasy billionaire Maminiaina Ravatomanga (57 years), better known as Mamy Ravatomanga.
This took place before the Bail and Remand Court (BRC), presided over by Magistrate Karuna Dwarka-Davay. Mamy Ravatomanga, dressed in a fluorescent green t-shirt, appeared via video conference. He is represented by lawyers Joy Beeharry and Khushal Lobine, while the FCC is represented by lawyers Trishul Naga and Fayyaad Arzamkhan. Chief Investigator Jokhoo presented three reasons to oppose this motion: the risk of witness interference, flight risk, and obstruction of justice. From the outset, the investigator explained that investigations are still ongoing. Regarding the risks involved in his release, the investigator emphasized the danger of flight and hindrance to the investigation. Mamy Ravatomanga reportedly owns "no real estate in Mauritius," but has properties in France and bank accounts abroad, particularly "in Seychelles, Dubai, and France."
He is also identified as the beneficial owner of a group owning several private jets. The investigator expressed concerns that he could escape, especially since he previously fled Madagascar on his private jet. In response, lawyer Joy Beeharry questioned in cross-examination whether it wouldn’t be "unrealistic" for his grounded private jet to bypass all surveillance at Plaisance to allow Mamy Ravatomanga to flee. Finally, the FCC claims that the businessman has already attempted to interfere with witnesses, including during a secret meeting in Quatre-Bornes involving former FCC commissioner Me Junaid Haroon Fakim, among others. According to the investigator, several suspicious transactions have been identified, some supported by "documents already in the FCC's possession," while others are still awaited as part of mutual legal assistance requests.
Furthermore, the commission states it is investigating alleged offenses related to rosewood trafficking, wheat trading, lychee exports, acquisition of five Boeing aircraft for Iran, as well as influence peddling connected to the provisional money laundering charges against the Malagasy tycoon. The Chief Investigator also mentioned the recent reopening of an investigation linked to illegal rosewood trafficking. This case, initiated in 2013 after the seizure of seven containers, had been halted due to lack of cooperation from Malagasy authorities.
It has been reopened by the FCC based on new information. Analysis of Mamy Ravatomanga's electronic devices reportedly revealed exchanges suggesting his involvement. It is worth noting that Mamy Ravatomanga was arrested on October 24, 2025, in Mauritius. His arrest is based on provisional charges of money laundering and conspiracy. According to the first and second charges, he is suspected of possessing Rs 6,456,055,996.29 and Rs 858,489,298.21 respectively in various banking institutions, amounts believed to originate from illegal activities.
The offenses are alleged to have been committed on October 24, 2025, within Mauritian territory. As for the third charge, Mamy Ravatomanga is accused of having made an agreement with David Jean Christian Thomas, Nasser Osman Beekhy, and former FCC commissioner Me Junaid Haroon Fakim, with the intent to commit an influence peddling offense related to an ongoing investigation by the commission, an offense committed on October 14, 2025.
