ADVERTISEMENT

Discover Stakeru8

Check out the latest opportunities and start earning through Stakeru8.

Visit Now →

How five Boeing 777s linked Madagascar’s power elite to Iran

Once among Madagascar’s most influential businessmen and a close ally of deposed president Andry Rajoelina, Mamy Ravatomanga stands at the centre of one of the island’s most explosive corruption cases.

The 57-year-old tycoon is the most prominent defendant in a trial starting Tuesday in Antananarivo over five Boeing 777s routed to Iran via temporary Malagasy registrations to circumvent multiple US sanctions.

The planes, now registered to Iranian carrier Mahan Air, never physically entered Madagascar.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *