In Madagascar, a third international arrest warrant has been issued against businessman Mamy Ravatomanga, who is considered a key figure in the ousted regime of Andry Rajoelina. This latest warrant, announced by the anti-corruption unit, comes as Ravatomanga faces allegations of embezzling millions of dollars from the state's mining sector. Currently detained in Mauritius, he is being sought for charges related to corruption connections in the mining operations in the country.

The case dates back to 2023 when the state-owned company Kraoma opted to grant exploitation rights of the Brieville chrome mine to the Greek company Dana Minerals. During this process, Dana Minerals was reportedly asked to pay a sum of $35 million, which was purportedly meant as an entry fee and compensation for a previous investor. The legality and appropriateness of this requested fee were questioned, raising concerns about corruption and collusion involving high-profile officials and businessmen.

This development underscores ongoing issues surrounding corruption in Madagascar, particularly in the lucrative mining sector, which is vital to the country’s economy. Mamy Ravatomanga's influence and connections have made this case particularly significant as it not only highlights the layers of corruption but also reflects the broader struggles of governance in Madagascar, where accountability and transparency remain challenging amidst a backdrop of economic dependency on foreign investments.