The announcement last week that the Director of Public Prosecutions (DPP) intends to initiate legal proceedings against the general manager of the Mauritius Commercial Bank (MCB), Pierre-Guy Noel, over money laundering allegations made against him apparently caused staff at the bank's main branch in Port-Louis to close early in protest last Friday.
The unannounced early closure, which drew criticism from both the public and the jurisdiction's central bank, was purportedly a spontaneous move on the part of the bank's employees. However, there has been speculation in the regional media that the decision was made by the bank's management, which has expressed strong support for the suspended general manager.
Concern has been expressed by M. Noel's supporters regarding the fact that despite a 15 month investigation into the money laundering allegations levelled against him and two other MCB staff members, the charges have yet to be substantiated.
Speaking to the Mauritian media this week, chairman of the bank's management committee, Gerard Hardy explained that the management had been confident at the outset that the case would be settled quickly, but that its commencement has been postponed several times.
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