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Tuesday 8 January 2019

$2b loan fraud update: Mozambique indicts Chang, 17 others

$2b loan fraud update: Mozambique indicts Chang, 17 others

Mozambique has indicted 18 citizens for their involvement in fraud involving $2 billion in loans to state-owned companies, the attorney general’s office (AGO) said on Monday. Former Mozambique finance minister Manuel Chang, 63, is one of the 18 indictees. He was arrested in neighbouring South Africa last week as part of the same case and

Read more $2b loan fraud update: Mozambique indicts Chang, 17 others

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