Explanations and denials. The Ministry of Justice states that the bank account balances of the company Injet have been frozen and subsequently transferred to an escrow account managed by the Agency for the Recovery of Illicit Assets (ARAI). This operation follows a decision by the Anti-Corruption Pole (PAC) issued on August 19, as part of an investigation into suspected embezzlement of public funds, the ministry continued.
In a statement released this Wednesday morning, the Ministry of Justice confirmed that the accounts in question, linked to the family of former Head of State Andry Rajoelina, were subject to a freezing order and the funds were moved to the state’s escrow account. “This is a legal procedure carried out within the framework of an investigation into suspected public fund embezzlement,” a source from the ministry clarified.
According to the same source, “the money has not disappeared, contrary to rumors spread by some individuals,” but has been placed in the account used by ARAI pending final judicial decisions. Rado Rajhonson, Director General of ARAI, confirmed that “all funds frozen at banks are transferred to this account under the name of ARAI at the bank.” He explained that this measure aims to prevent those involved in the legal proceedings from “accessing or using these frozen funds.”
The total amount of the funds involved has not been disclosed. “So far, I cannot say how much money is involved because it is still subject to judicial secrecy,” the Director General of ARAI told the press. He added that assets have also been seized as part of the proceedings.
Captured & Published at: 2026-09-09 17:23:34 (Madagascar Local Time EAT)
Original Source: https://www.2424.mg/lutte-anti-corruption-des-soldes-du-compte-bancaire-de-la-societe-injet-geles-et-transferes-dans-le-compte-de-consignation-de-larai-selon-le-ministere-de-la-justice/