| Mauritius has asked a bank in South Africa to help find a buyer for a near 25 percent stake in Kenya's British-American Investments Co (Britam) which was seized from a disgraced tycoon, the finance minister said on Thursday.
Finance Minister Seetanah Lutchmeenaraidoo told Reuters that alternatively the stake could be bought by a Mauritian sovereign fund due to be set up next month if the right price could not be secured. The Indian Ocean island seized the assets of Dawood Rawat, a Mauritius citizen, in April after accusing him of running a Ponzi scheme through a Mauritian insurer...............................................Full Article: Source
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