Public Notice: Minutes of Proceedings of the Board of the Bank of Mauritius

19 September 2025

The Bank of Mauritius (“the Bank”) has taken cognizance of media reports suggesting that the Minutes of Proceedings of the Board of the Bank would have been modified on 13 and 20 November 2024. 

The Bank wishes to bring the following clarifications in this respect:

1. The Board of the Bank was reconstituted on 15 January 2025, and the first Board meeting of the reconstituted Board was held on 17 January 2025.  No Board meetings were held on 13 and 20 November 2024.
2. All relevant documents pertaining to Board meetings are physically dispatched to each Board member. 
3. All official Board documents therefore are maintained physically, and all decisions of the Board and the relevant minutes are recorded physically.  These physical documents are, and remain, the official records of the Bank.
4. However, alongside, the Bank performs the electronic archiving of these official documents for ease of reference and consultation.
5. The Bank wishes to clarify that the electronic archive of official Board minutes and Board Papers are maintained in the custody of another Bank officer to whom the Acting Secretary submits all official physical documents of the Board, after each Board Meeting, for safekeeping and electronic archiving.
6. On 27 August 2025, namely two days prior to submitting his resignation, the former Second Deputy Governor, Mr Gerard Sanspeur, requested an IT Audit of the folder of the Acting Secretary to be made.
7. This IT Audit was made without the prior consultation and approval of the Board of Directors of the Bank or the Governor, in his capacity as Chairman of the Board.
8. The IT Audit unlawfully commissioned by the then Second Deputy Governor was not conducted on the official electronic archives of Board documents but on the personal folder of the Acting Secretary to the Board, which the Bank reiterates is not the official electronic archive of Board documents.

In view of the nature of the allegations made, the Bank has commissioned a full-fledged enquiry in the matter.

The Bank makes an appeal to the media to verify their information before publishing any article concerning the Bank.  The Bank will respond to media queries to the extent permissible by law.