Edition:
United States

Jean Paul Arouff

Investment firm Quantum Global demands to know why Mauritius froze its funds

Apr 12 2018

PORT LOUIS Quantum Global, an investment firm through which Angola's sovereign wealth fund invests much of its cash, demanded on Thursday that Mauritian authorities explain their decision to suspend its business licenses on the island nation.

Investment firm Quantum Global demands to know why Mauritius froze its funds

Apr 12 2018

PORT LOUIS, April 12 Quantum Global, an investment firm through which Angola's sovereign wealth fund invests much of its cash, demanded on Thursday that Mauritian authorities explain their decision to suspend its business licenses on the island nation.

Mauritius freezes funds linked to Angola's sovereign wealth fund

Apr 11 2018

Port Louis Mauritius has frozen bank accounts and suspended business licenses linked to Quantum Global Investment Management, a firm through which Angola's sovereign wealth fund invests much of its cash, according to a court document and a regulatory source.

Mauritius PM says president's decision not to resign is deplorable

Mar 15 2018

PORT LOUIS Mauritian Prime Minister said on Thursday it is deplorable that the country's ceremonial president has failed to follow through on an agreement to resign over a scandal triggered by accusations of financial misconduct.

Mauritius turns to Saudi fuel cargoes after court bans Indian supplies

Dec 08 2017

PORT LOUIS/NEW DELHI The island-nation of Mauritius has started buying fuel from Saudi Arabia's state-owned oil company Saudi Aramco after a court ordered a ban on Indian fuel supplies because of a dispute between the country and a shipping firm.

Mauritius police search journalists' homes after money laundering story

Sep 25 2017

PORT LOUIS Mauritian police searched the homes of three journalists from L’Express newspaper on Monday, less than a week after the paper published a story leading to the resignation of the country's attorney general.

Mauritius police search journalists' homes after money laundering story

Sep 25 2017

PORT LOUIS, Sept 25 Mauritian police searched the homes of three journalists from L’Express newspaper on Monday, less than a week after the paper published a story leading to the resignation of the country's attorney general.

Mauritius Lux Island Resorts' annual pretax profit jumps 21 pct

Aug 28 2017

PORT LOUIS, Aug 28 Mauritius hotels group Lux Island Resorts reported a 21.1 percent jump in pretax profit for the year ended June, benefiting from a rise in visitors to the island and the sale and lease back of one of its resorts.

New Mauritius PM takes over from father, opponents cry foul

Jan 23 2017

PORT LOUIS The son of the outgoing Mauritius prime minister was appointed as the new premier on Monday, prompting accusations of nepotism and calls for a referendum from opponents.

Mauritius prime minister resigns in favor of his son

Jan 21 2017

PORT LOUIS The 86-year-old prime minister of Mauritius said on Saturday that he would resign on Jan. 23 and hand power to his son, who is the current finance minister.

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