News
2 Family Businesses Under Scrutiny Following SP Jagai Son’s Arrest
Son of Senior Superintendent of Police (SP) Ashik Jagai, Allysaheb Ashik Ameer Jagai, was taken into custody by the Financial Crimes Commission (FCC) on Tuesday evening, September 2nd, on a provisional charge of money laundering. The 25-year-old is expected to appear in court on Wednesday, September 3, having spent the night in police detention.
Background and Investigation
The arrest is part of a larger FCC investigation into an alleged money laundering offense. Allysaheb Ashik Ameer Jagai, who manages several family businesses including Nabsha Uclean Trading Ltd and EA Smart Choice Business Enterprise Ltd, was interrogated at length by investigators at the FCC’s headquarters in Réduit.
His legal representative, Me Yash Bhadain, stated that his client maintains his innocence, claiming he “has nothing to be ashamed of.”
Seized Assets
The suspect was questioned about the funding sources for these vehicles.
Related Case
In a separate but related development, SP Ashik Jagai, who was arrested in the Reward Money case, was granted conditional release on Wednesday, 3rd September.
Source: Defi Media