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'Discrimination Alléguée'-Clarifications from the Bank of Mauritius regarding a Press Article.

2 November 2012, Bank of Mauritius

The Bank of Mauritius refers to an article entitled “Discrimination Alléguée – Un avocat pursuit la Banque de Maurice” which appeared at page 36 of “Le Défi” Newspaper of 3 to 9 November 2012 and wishes to bring the following clarifications:

1. Mr Mardaya Kona Yerukunondu, an employee of the Bank, has caused a Plaint With Summons to be served on the Bank and the matter is scheduled before the Supreme Court on 8 November 2012.

2. The contents of the Plaint have been reproduced in the aforesaid press article.

3. The Bank has retained the services of Counsels to defend its interests in the matter and is yet to produce its defence in this respect.

4. It is indeed very unfortunate that Mr Kona Yerukunondu believes that he has been subject of discrimination by the Bank. However, the Bank respects the decision of Mr Kona Yerukunondu to seek redress before the Court if he feels that he has been aggrieved by the Bank.

5. The Bank, nevertheless, wishes to emphasise that the Plaint entered by Mr Kona Yerukonundu contains mere allegations which are yet to be proved before the Supreme Court.

6. The Bank is, on its part, convinced that Mr Kona Yerukunondu has not been the subject of any discrimination whatsoever at the Bank.

7. Moreover, in as much as the matter is pending before the Supreme Court and accordingly sub judice, the Bank does not consider it proper to make any comment regarding the contents of the Plaint and believes that it would be more appropriate to allow justice to follow its course.