Bank of Mauritius governor calls for prosecution of failed bank leadership

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The governor of the Bank of Mauritius, Rundheersing Bheenick, said in a speech on July 25 that banks and their directors should be held accountable for actions that harm customers.

Speaking at the opening of a new bank in Mauritius, Bheenick said bank failure was a matter of both individual and corporate responsibility. "Criminal prosecution of the individuals responsible is something that we shall be hearing more about in the weeks and months ahead," he warned.

The governor said the central

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