Categories: Just Politics

Madagascar strips ousted president of citizenship, arrests ally for money laundering

Madagascar’s military-led government has revoked the citizenship of former President Andry Rajoelina, just days after his ouster, while one of his close allies has been arrested on suspicion of money laundering.

In a decree issued on Friday, October 24, 2025, Prime Minister Herintsalama Rajaonarivelo announced that Rajoelina, 51, had automatically lost his Malagasy citizenship after acquiring French nationality.

The decree cited national law, which states that any Malagasy citizen who voluntarily adopts another nationality forfeits their Malagasy citizenship.

Rajoelina, who was removed from power earlier this month after the military joined anti-government protesters, fled the country and has remained in hiding since. His current location is unknown.

Meanwhile, businessman Maminiaina Ravatomanga, a longtime associate and reported financier of Rajoelina, was arrested on Friday in connection with an investigation by Mauritius’s Financial Crimes Commission (FCC) into suspected money laundering.

Coup leader Randrianirina sworn in as Madagascar’s president

According to the FCC, Ravatomanga allegedly controlled several entities in Mauritius that held assets believed to be linked to criminal proceeds.

The commission said it obtained a Criminal Attachment Order freezing his personal bank accounts and those of his companies, covering funds totaling 6.46 billion rupees ($141.8 million) and an additional 858.5 million rupees in personal holdings.

Ravatomanga, however, denied the allegations, insisting in a sworn affidavit that his wealth was legitimately earned over three decades of business activity in Mauritius, according to Bloomberg.

“They are legitimate and clear of any tainted or illicit monies,” he stated, adding that all transactions had been conducted through reputable financial institutions.

The Star

Segun Ojo

Recent Posts

Northern education summit to drive innovation as Kano hosts 2026 schools conference

A major regional summit aimed at transforming education in Northern Nigeria is set to take…

21 minutes ago

Air Force airstrike destroys terrorist enclave in Sambisa, several killed

The Nigerian Air Force has eliminated several terrorists following a precision airstrike on a known…

32 minutes ago

Villager’s death sparks attack on soldiers in Plateau

Tension escalated in Kassa community, Kassa District of Barkin Ladi, as angry youths and women…

39 minutes ago

Kaduna safer than perceived — NIPR

The Nigerian Institute of Public Relations (NIPR) has described insecurity in Kaduna State as exaggerated,…

56 minutes ago

PDP South West disowns ‘Ibadan briefing’, labels organisers impostors

The South West Zonal chapter of the Peoples Democratic Party (PDP) has distanced itself from…

1 hour ago

Tinubu approves new police academy campus in Ogun, N15bn take-off grant

President Bola Tinubu has approved the establishment of a new campus of the Police Academy…

2 hours ago

This website uses cookies.