FCC Freezes Rs 7.5 Million in Assets Tied to Brasse’s Drug Network

The investigation into Mike Brasse’s drug trafficking operations, the Financial Crimes Commission (FCC) has successfully secured an order to freeze assets valued at Rs 7.5 million. This significant action, taken on 7 March 2025, is part of a broader inquiry into alleged money laundering linked to Brasse’s illegal activities.

Key among the assets frozen are a luxury house estimated at Rs 5 million located in Albion, an area known for its affluence, and a speedboat worth Rs 2.4 million, suspected of being used for dubious maritime journeys between Mauritius and Réunion.

Acquired through a frontman named Parvin Appadoo, the boat has been sealed off in Réduit, as investigators work diligently to untangle the financial web surrounding Brasse, who is suspected of employing nominees to conceal the true ownership of his wealth.

The inquiry has uncovered serious concerns, particularly regarding a property registered in the name of Marie Ketty Sandy Allagen, who is the partner of Joseph Noël André.

The questionable origins of these assets have caught the attention of the FCC, which is delving into how drug trafficking profits may have infiltrated the real estate sector.

This investigation trails back to 11 November 2016, when Brasse was arrested by the gendarmerie in Réunion for possessing 42.2 kg of heroin, with an estimated street value of Rs 600 million.

This arrest prompted the Independent Commission Against Corruption (ICAC) to initiate a thorough investigation into the assets and nominees associated with the Mauritian drug lord.

The FCC suspected that Brasse’s extensive property portfolio has been funded by proceeds from his criminal enterprises.

Furthermore, the inquiry has shed light on connections between Brasse and Parvin Appadoo, a casino director allegedly involved in transferring funds on Brasse’s behalf for the purchase of the speedboat.

Despite the serious nature of these allegations, Brasse has maintained his innocence, asserting that his income derives from his pig farming business.

During interrogation, both Brasse and André have exchanged accusations regarding the ownership of the speedboat, prompting the FCC to swiftly acquire a Confiscation Order through the Asset Recovery Unit.

In 2024, the Financial Crimes Division of the Intermediate Court found Jean Noël André guilty of money laundering, having failed to convincingly explain the source of the funds used to acquire the seized assets.

Tritudeo Dawoodarry, the interim Director General of the FCC, has reaffirmed the commission’s steadfast commitment to dismantling illegal financial networks.

“The Supreme Court’s ruling highlights our determination to eradicate these criminal organisations,” he stated.

“We will persist in our efforts to identify, freeze, and confiscate assets acquired through illicit means.

Our goal is to protect the integrity of Mauritius’s financial system and prevent criminals from exploiting our economic institutions,” he added, underscoring the FCC’s resolve to safeguard the nation’s economic foundation from illicit activities.

Source: Defi Media