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.
Mozambique President Appoints New Finance, Energy Ministers
MAPUTO (Reuters) - Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral resources and energy minister.
Ex-Mozambique Minister Gets 8 1/2 Years in US Bond Fraud
A former Mozambique finance minister was sentenced to 8 1/2 years in prison by a US judge for his role in a $2 billion bond fraud that ensnared Credit Suisse Group AG and triggered a financial crisis for the African nation.
Ex-Mozambique Finance Minister Gets 8½ Years in Prison in Bribery Scheme
A U.S. federal judge said Manuel Chang betrayed his country in one of the biggest debt-corruption scandals in Africa.
Mozambique's Finance Scandal: Former Minister Sentenced in $2 Billion Fraud
Manuel Chang, former Mozambican finance minister, has been sentenced to 8-1/2 years for his involvement in a $2 billion loan fraud. The scheme, linked to the 'tuna bonds' case, led to massive financial losses and turmoil.
Mozambique Ex-Finance Minister Sentenced in US to 8-1/2 Years in Prison Over 'Tuna Bonds' Scandal
A former Mozambique finance minister was sentenced on Friday to 8-1/2 years in prison after being found guilty of participating in a fraud involving $2 billion in loans to three state-owned companies to develop the southern African country's fishing industry.
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
Mozambique not looking to review terms of planned LNG projects, president says
Mozambique is not looking to review contract terms with energy majors like TotalEnergies and ExxonMobil who are planning ...
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Mozambique weighs restructuring public debt after vote unrest
Protests since the disputed October 9 elections have shaken Mozambique where debt rose to about 96% of gross domestic product ...
‘Burn Mozambique’: New President Takes Power in a Nation on Edge
Daniel Chapo was sworn in at a time of widespread anger directed at his party, Frelimo, which has led the country for 50 ...
Ex-Mozambique Minister Sentenced For Role In 'Hidden Debt' Scandal
Former Mozambican finance minister Manuel Chang was sentenced to more than eight years in prison on Friday in connection with ...
Mozambique's Chapo sworn in as president after disputed election
Following months of protests against his disputed election victory, Daniel Chapo of Mozambique's Frelimo party has been sworn ...
Hundreds protest as Mozambique inaugurates a new president
Daniel Chapo took his oath as the country’s fifth president before about 2,500 people who endured intense heat in the capital ...
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Mozambique: Holland’s PM will prioritise water, farming cooperation
The Dutch prime minister, Dick Schoof, told the new Mozambican president, Daniel Chapo, that water and agricultural projects ...