Dr Krishan Malhotra Mauritius

DBM not controlled by central bank

The Development bank of Mauritius enjoys a considerable amount of independence as it does not fall under the supervisory and regulatory purview of the Bank of Mauritius (BoM). This was announced on Tuesday by minister of Finance Pravind Jugnauth in reply to a parliamentary question from opposition MP Li Kwong Wing, Second Member for Beau [...]

25 May 2011, The Independent Daily