MIC Investigation: Lucky Dodo’s Non-Executive Director Questioned

On Tuesday, January 28, Michel Pilot, the non-executive director of Lucky Dodo, was interrogated by the Anti-Money Laundering Unit (AMLU) of the Central Criminal Investigation Department (CCID). The Dubai-based company is being investigated for potentially benefiting from a $1 million loan acquired by Menlo Parks Ltd/Pulse Analytics from the Mauritius Investment Corporation (MIC).

The CCID is trying to ascertain the reasons behind the transfer of these funds to Lucky Dodo.

During the interrogation, Pilot was asked to clarify his possible involvement in the financial assistance request made by Menlo Parks Ltd/Pulse Analytics to the MIC.

He also provided details about his role within Lucky Dodo, which operates in the field of artificial intelligence (AI).

The police have determined that Lucky Dodo is licensed under a “Technology License” from the Dubai International Financial Centre (DIFC), enabling the company to engage in various activities in Dubai, including advertising, client-requested data analysis, and marketing through messaging services.

The police investigation is focused on the approximately $700,000 in funds available to Lucky Dodo, seeking to establish a connection between this amount and the $1 million loan obtained from the MIC.

Following his interrogation, Michel Pilot was allowed to leave.

Earlier this year, Hashim V., a web designer, mentioned the name Lucky Dodo during his questioning at the AMLU.

He stated that he visited the MIC headquarters on August 22, 2024, alongside Stéphane Adam from Pulse Analytics, to present an artificial intelligence-based project as part of the financial assistance request.

In connection with this investigation, former Governor of the Bank of Mauritius, Harvesh Seegolam, and former CEO of the MIC, Jitendra Bissessur, have been provisionally charged with “conspiracy to defraud.”

Source: Defi Media