TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
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MAURITIUS POLICE ISSUE ARREST ORDER FOR FORMER CENTRAL BANK GOVERNOR. (PHOTO).

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 Mauritius police issue arrest order for former central bank governor


Police in Mauritius have issued an order for the arrest of the Indian Ocean islands' former central bank governor, in connection to an inquiry into a conspiracy to defraud case, Reuters reported.


The action, by the police anti-money laundering unit, is the first significant one from the government of Prime Minister Navin Ramgoolam, who said last week the outgoing government had falsified the country's gross domestic product (GDP), budget deficit and public debt figures for years.


The former central bank governor, Harvesh Kumar Seegolam, was out of the country and would be arrested as soon as he returned, police said in a notice in Mauritius newspapers on Sunday.


They provided no more details on the nature of the case.


In a report issued to parliament, Ramgoolam also accused the central bank of printing money to fund the government's Mauritius Investment Corporation, set up in 2020 to help companies deal with effects of the COVID-19 pandemic.


It was meant to have been funded using the bank's official foreign exchange reserves, Ramgoolam's report said.


"The printing of money by the Bank of Mauritius to fund the MIC was an irresponsible act which has had deleterious effects on the monetary system, the more so that the banking system was already flush with excess liquidity," the report said.

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