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Malagasy tycoon Ravatomanga's wife alleges political plot

The wife of jailed Malagasy tycoon Mamy Ravatomanga says his prosecution is a political hit, days before a Mauritius court rules on his bail request.
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The Malagasy businessman Mamy Ravatomanga will not leave Melrose prison immediately. The Mauritian judiciary decided, on Monday 12 October, to keep him in detention after considering his request for bail. The investigating authorities fear in particular that he will leave the territory or intervene in the ongoing judicial proceedings. Judge Mohammad Ilfaaz Farook Nathire, sitting at the Bail and Remand Court, gave reason to the Financial Crimes …

On Monday, October 12, 2026, Mauritian justice rejected a new application for bail of the Malagasy businessman. Mamy Ravatomanga has been detained for almost a year on three provisional charges and intends to challenge this decision before the Supreme Court. Mamy Ravatomanga remains in prison in Mauritius. La Bail and Remand Court has refused...

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Billionaires.Africa broke the news on Saturday, October 10, 2026.
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