British American Investment Company (Mauritius) Limited's investments range from financial services, trade and commerce, transport, real estate, leisure and hospitality and health care.
[1][2] The group has over 50 companies under these divisions with presence in Mauritius, South Africa, Madagascar, Kenya, Dubai, France and Malta.
[4] This alleged ponzi scandal also affected BAIC's insurance subsidiary, BAI Co.
[7][8] On April 21, 2014 an international arrest warrant was issued for some of the BAIC directors wanted for fraud, money-laundering and embezzlement.
[9] The Mauritian Cabinet has since been drawing up plans to seize BAIC's assets and investments.