STC-MMG Affair: When the Venezuelan Shadow Loomed Over the Oil Contract

The topic of Venezuela had already surfaced in Mauritius when the choice of Mercantile & Maritime Group (MMG) for supplying petroleum products to the country by the State Trading Corporation raised eyebrows. An article in L'express dated September 23, 2023, highlighted the role of Murtaza Lakhani, founder and CEO of MMG, in operations conducted in countries subject to international sanctions, including Venezuela.

Known for operating in complex geopolitical environments, Lakhani notably ...