US EditionEx-Mozambique finance minister pleads not guilty in New York over debt scandal
- Mozambique's former finance minister, Manuel Chang, pleaded not guilty in a U.S. Federal court in connection with a $2 billion corruption and money laundering scandal that threatened the country's economy.
- The judge ruled that Chang must remain in custody, deeming him a flight risk, despite his request for bail after being imprisoned in South Africa for nearly five years.
- Chang is accused of receiving $5 million in bribes and playing a role in a conspiracy to loot money from loans arranged for fraudulent maritime projects, leading to Mozambique's sovereign debt collapse.
18 Articles
18 Articles
Ex-Mozambique finance minister pleads not guilty in New York over debt scandal
A former Mozambique finance minister pleaded not guilty on Thursday to U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies.. Will new leadership signal a new dawn at the Health Professions Council?.
Former Mozambique finance minister pleads not guilty in US federal court over $2 billion scandal
By BOBBY CAINA CALVAN Associated Press NEW YORK (AP) — Mozambique’s former finance minister has pleaded not guilty in U.S. federal court in connection with a $2 billion corruption and money laundering scandal. Manuel Chang is accused by U.S. authorities in New York of defrauding American investors as part of a scheme that threatened to
Former Mozambique finance minister pleads not guilty in US federal court over $2 billion scandal
NEW YORK — Mozambique's former finance minister pleaded not guilty in a U.S. federal court in New York on Thursday in connection with a $2 billion corruption and money laundering
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