FCC Freezes Assets of Jagai and Son in Money Laundering Probe

Superintendent Ashik Jagai and his son, Ali Saheb Jagai, have had a number of their assets frozen following the successful application of an “Attachment Order” by the Financial Crimes Commission (FCC), which is investigating the pair on suspicion of money laundering.

Key Seized Assets and Court Action

The order, granted by the Supreme Court of Mauritius following the submission of several documents, prevents the father and son from disposing of or selling the vehicles and company shares listed until the conclusion of the investigation.

The attachment specifically targets four vehicles and shares in multiple companies.

The assets concerned include:

• A Mercedes registered in the name of Ashik Jagai.
• A BMW and a Ford Raptor registered in the name of Ali Saheb Jagai.
• Another BMW registered in the name of the company Nabsha Uclean.
• Shares held by Ali Saheb Jagai in the company Ziya Property.

Separate Money Laundering Cases

Both Ashik Jagai and his son are currently on conditional release in connection with two separate money laundering cases.

Ashik Jagai is implicated in the first case, known as the ‘Reward Money’ affair.

His son, Ali Saheb Jagai, is the subject of a separate inquiry focusing on the suspect acquisition of multiple assets, including vehicles that have already been seized by the FCC.

Source: Defi Media