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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 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 president appoints new finance, energy ministers
Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral resources and energy minister.
Mozambique’s Ex-Finance Minister Sentenced to Prison Over ‘Tuna Affair’
Manuel Chang will spend eight and a half years in prison for taking about $7 million in bribes and kickbacks in a loan scandal that sent the country’s economy into a crisis.
clubofmozambique.com
3h
Mozambique: Losses to state put at 42 billion meticais – AIM report
Mozambique’s new Finance Minister, Carla Louveira, in her first contact with the media, has put the losses to the state from ...
1d
Mozambique Bonds Fall After Signal on Public-Debt Restructuring
Mozambique is considering restructuring its public debt after the government lost about 42 billion meticais ($664 million) of ...
3d
on MSN
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 ...
clubofmozambique.com
3h
Mozambique: Masked assailants create panic in Cabo Delgado – AIM report
A group of masked assailants, armed with machetes, have been creating fear and panic among motorists travelling on the road ...
5d
Mozambique's new president sworn in despite opposition boycott
Mozambique's new President Daniel Chapo has been sworn in at a low-key ceremony in the capital, Maputo, that was marred by an ...
5d
‘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 ...
11d
on MSN
Mozambique opposition leader returns from exile as police fire tear gas at his supporters
Mozambique’s main opposition leader returned from exile Thursday as security forces fired tear gas at hundreds of his ...
2d
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 ...
clubofmozambique.com
7h
Mozambique: Port of Maputo contributed US$46.8 million to state coffers in 2024
The Maputo Port Development Company (MPDC) has announced a total volume of 30.9 million tonnes of cargo handled in 2024.
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United States
tuna bond
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