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 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.
Ex-Mozambique Minister Gets 8 1/2 Years in US Bond Fraud Case
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.
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: President names former Justice Minister as Prime Minister
Mozambique's newly installed President, Daniel Chapo, on Friday appointed Maria Benvinda Levi, a former judge and Minister of ...
‘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 ...
Mozambique's new president appoints PM, senior ministers
Daniel Chapo was sworn in Wednesday in a heavily guarded ceremony, extending his Frelimo party's 50-year rule of the gas-rich ...
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Mozambique: Four bodies recovered from illegal gold mine
The Mozambican authorities have confirmed the death of at least four individuals when a gold mine collapsed on Wednesday, in ...
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 ...
Hundreds protest as Mozambique inaugurates a new president
Hundreds of supporters of Mozambique’s opposition protested as the country inaugurated a new president following disputed ...
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Mozambique: Chapo promises continued dialogue with political parties
Mozambican President Daniel Chapo promised on Thursday that he will continue the dialogue between the government and the main ...