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The Economic Times

Global Business / The Economic Times

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How five Boeing 777s linked Madagascar's power elite to Iran

Mamy Ravatomanga, a former influential entrepreneur in Madagascar, is under scrutiny due to serious corruption charges surfacing during his trial. He faces allegations of money laundering and influence peddling tied to the irregular registration of Boeing 777 aircraft, suspected to be misregistered for transit to Iran. His lawyers challenge the accusations, pointing to discrepancies in witness statements, drawing global interest and involving agencies like the FBI.

23 Oct 2026 1:33 pm