The Financial Crimes Commission (FCC) in Mauritius is opposing the nullification of money laundering charges against Avinash Luchoo, also known as Poum. Luchoo was arrested in March and has had several of his assets seized. He is seeking to have the charges dropped, but the FCC argues that the investigation is ongoing. The case was heard in the Mapou court on September 21, 2026.
During the hearing, FCC representatives Mes Harivansh Jeeha and Harshini Neelvashi Seetohul presented evidence that Luchoo deposited Rs 967,000 into the banking system via an ATM within 24 hours. This transaction took place between November 14 and 15, 2022. The FCC cited this and other financial transactions as reasons to suspect Luchoo of money laundering.
The FCC also examined the financial situation of Poum Recycling Ltd, a company managed by Luchoo. For the 2023 financial year, the company reported a turnover of approximately Rs 70 million and a net profit of Rs 6 million. During the same period, Luchoo acquired a plot of land in Pointe-aux-Canonniers for Rs 9.5 million and a Porsche for Rs 2.6 million.
Based on these transactions, the FCC claims to have identified Rs 5 million in undeclared funds, which it suspects may be the proceeds of illicit activities. The defense, represented by Mes Ashley Hurunghee and Rishi Bhoyroo, disputes this analysis. Hurunghee argued that all funds transiting through Poum Recycling Ltd's account, including the Rs 70 million, came from legitimate activities.
Hurunghee also pointed out that the FCC had previously returned the keys to a massage parlor owned by Luchoo in the north of the island, which was acquired with part of this money. Regarding the Rs 967,000 deposited within 24 hours, Hurunghee noted that the bank did not alert any authorities about these transactions at the time.
The magistrate, Dr Bibi Zeenat Cassamally, will deliver her decision on November 5, 2026. Luchoo's case has garnered significant attention in Mauritius, with many following the developments. The FCC's efforts to combat financial crimes are also being closely watched.
The case highlights the challenges of investigating and prosecuting money laundering cases in Mauritius. The FCC's opposition to Luchoo's request to have the charges dropped demonstrates its commitment to pursuing suspected financial crimes. The outcome of the case will be closely monitored by those interested in financial governance and crime prevention in the country.
Key points
- The FCC cited large cash deposits, including Rs 967,000 in 24 hours, as evidence of suspected money laundering by Avinash Luchoo.
- Poum Recycling Ltd reported a turnover of Rs 70 million and a net profit of Rs 6 million for the 2023 financial year.
- The magistrate's decision on the case is expected on November 5, 2026.
