Mauritian FCC Probes €3.5 Million Linked To Ousted President Nicolas Maduro

Mauritius’ Financial Crimes Commission (FCC) has launched a high-profile investigation into millions of euros linked to the deposed Venezuelan president, Nicolas Maduro. The probe centres on €3.5 million deposited within a Mauritian bank. The FCC has successfully maintained an “Attachment Order” on the funds for several months, effectively freezing the assets as investigators trace their origin.

International Cooperation

The Mauritian authorities are reportedly working in “close collaboration” with American officials to untangle the financial web.

The investigation comes as Maduro arrived in New York this Monday, 5 January, to appear before a US court.

Allegations of Oil Fraud

Preliminary findings from the FCC suggested the seized millions may be the proceeds of a significant fraud.

Investigators believe the capital was illicitly diverted from a Venezuela-based oil company.

Note: The FCC’s investigation remains ongoing as they coordinate with international partners to determine the final destination of the diverted assets.

Source: Defi Media