We all know how a bunch of crooks and dishonest, thieving bastards closed down BAI/Bramer on the farcical premise that it was a Ponzi...and that it needed intellectual and financial giants like Lutchmeenaraido, SAJ, Yerrigrodoudou, Bhadain, and all the MSM mob of shysters to obtain power and within 4 months, whet their appetite and greedily munch their way through the precious assets that Dawood Rawat had nurtured with great care and hard work for over 50 years. The way they massacred BAI/Bramer leads many to believe that Putin would do well to employ them as expert advisers in his nasty, callous, and brutal carnage of Ukraine....
As most decent people with even half a brain cell know by now, BAI was no ponzi...not even the "Ponzi like" nonsense that N'Tan dragged out as a desperate excuse to justify the unjustifiable. I remember reading the N'Tan Report and was bemused by the desire and order of these accuntants in the first page of the Report that their ''findings" CANNOT be used as evidence during any court proceedings, and that the report was exclusively for the benefit of the bastards calling themselves "patriots". Now, why would they do that? Because the report was a sham, it could not describe BAI as a Ponzi, so to placate a government willing to give N'Tan millions of rupees for their crap research, they decided to call it "Ponzi like"... Rather like saying that kalamindas parey kouma sorbet mai li sorti kouma cotton....
Anyway, remember how Basant Roi, the then governor of the Bank of Mauritius, took every opportunity to use his weird English accent in order to justify what he must have known in his heart (assuming he has one...) that destroying BAI/Bramer on such flimsy excuses was not only wrong but decidedly evil?
And how the Financial Services Commission performed its role as the lapdog of the government to excellence? How laws were quickly amended and ratified by a government seeking to show how their massacre and carnage was indeed 'legal', when everyone else knew that what it was doing was utterly wrong, sinful, and of use only to thieves who wanted a template for stealing with impunity?
Remy Mabillon is the CEO of " Necker Gestion Privee", based in Grand Baie since 2014. Its sister company is MAG Asset Management, based in Geneva.
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