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Suspected drug traffickers bagged Rs14M in govt loans

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Suspected drug traffickers bagged Rs14M in govt loans

The Gurroby brothers, who have been arrested after the record Rs3.7Bn drug raid benefited from several loans from government entities.

To a question from Opposition MP Reza Uteem, L’express quoted Finance Minister Renganaden Padayachy as replying that the Gurroby brothers obtained two loans in 2011 and 2013, for a total amount of Rs 3.9M . The amount was reportedly reimbursed in 2018.

They also reportedly received Rs 10.5M from the SME Equity Fund in 2016 and 2018 for the construction of a fishing boat and a dry ice production plant.

The three Gurroby brothers were arrested over the historic bust of Rs3.7Bn worth of drugs (243.5 kilos of heroin and 26 kilos of hashish) buried at a boat building site in Pointe- aux-Cannoniers. 

The Gurroby have been said to have close links to at least two ministers.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.