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Mozambique, tuna bond
Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case
Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in the struggling African nation.
Ex-Mozambique finance minister faces sentencing in New York over $2B ‘tuna bond’ scandal
Manuel Chang, 69, was convicted last year of accepting payoffs to put his homeland secretly on the hook for about $2 billion in loans from major overseas banks.
Alert: US court sentences Mozambique’s ex-finance minister to another 2.5 years behind bars in ‘tuna bonds’ corruption case
US court sentences Mozambique’s ex-finance minister to another 2.5 years behind bars in ‘tuna bonds’ corruption case. A new $25 million grant program highlights state officials' efforts to reduce the
cadtm.org
1d
Mozambique : Paris Club, World Bank & IMF refuse assistance to a people in distress
Human distress was already immense in
Mozambique
before the floods. According to the World Bank, 70% of Mozambicans live below the threshold of absolute
poverty
. Life expectancy at birth is 46 ...
The Citizen
3d
Mozambique: Rival hits out at new president’s promises and ‘militarised inauguration’
Mozambique's new president, Daniel Chapo, promises governance reforms and anti-corruption measures. Meanwhile, rival Venâncio ...
10d
on MSN
Mozambique opposition leader returns from self-imposed exile as police fire tear gas at supporters
Mozambique's main opposition leader has returned from exile as security forces fired tear gas at hundreds of his supporters ...
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