Silver Bank is no longer authorised to operate as a banking entity within Mauritius. The Bank of Mauritius has officially revoked the banking licence of Silver...
Authorities have admitted that the recovery of approximately Rs 907 million in public taxpayer funds is now “extremely difficult” following the collapse of Silver Bank, which...
A group of individual depositors has directly challenged Prime Minister Navin Ramgoolam to intervene in the Silver Bank scandal, alleging a “chain of irresponsible decisions” and...
Prime Minister Navin Ramgoolam has launched a scathing attack on the previous administration, alleging a “mafia-style” institutional conspiracy following the collapse of Silver Bank Limited and...
The Bank of Mauritius has terminated the conservatorship of Silver Bank Limited and moved the institution into receivership, effective immediately. The decision, announced on Monday, 30...
The High Court in London has found Indian businessman Prateek Gupta liable for a massive nickel trading fraud, a ruling that has sent shockwaves through the...
Grant Thornton was paid a staggering Rs 39.7 million in fees between February 2024 and March 2025 as the troubled Silver Bank saga unfolded, it was...
An internal audit dated February 8, 2024, revealed that Silver Bank faces Rs 7.6 billion in bad debts. These non-performing loans are spread across 55 borrowers—39...
Rajiv Ramcharitar, former Senior Relationship Manager at Silver Bank Limited (formerly BanyanTree Bank), was detained on Thursday, July 31. He was approached by the Financial Crimes...
Individual depositors, both Mauritian and foreign, have filed a formal complaint with the Financial Crimes Commission (FCC) regarding the Silver Bank scandal. They are calling for...
