Missing USD 50 million case ACCS confirms arrest on suspicion of money laundering |24 January 2022
In a press communique issued on Saturday, the Anti-Corruption Commission of Seychelles confirmed its involvement in an operation at the airport on Friday night resulting in the arrest and detention of a person for whom a red alert notice had been issued earlier in the day.
The arrest, on suspicion of money laundering, was made as the person, listed on a power of attorney for Mukesh Valabjhi's bank accounts in Singapore, was attempting to leave the country.
Mr Valabjhi is currently awaiting trial on charges of money laundering and corruption in the case of the missing USD 50 million.
The operation was conducted jointly by the Anti-Corruption Commission of Seychelles (ACCS) and the Seychelles police in collaboration with the immigration authorities.
The suspect is expected to appear before the courts today.
Press release from ACCS