He was also angered by South Africa's arrest and subsequent extradition of Mozambique's former finance minister Manuel Chang to face trial in the United States...
Vol 65 No 16 |
- MOZAMBIQUE
He agreed that payments totalling over $7m by Privinvest to then-Finance Minister Manuel Chang were bribes...
Vol 64 No 25 |
- MOZAMBIQUE
VTB should also have known Maputo's counsel argued that former Finance Minister Manuel Chang who is about to go on trial in New York after being extradited from South Africa had no authority to sign the state guarantee of the loans without parliamentary approval which nullifies the guarantee (Dispatches 28/6/23 Maputo's ex-finance chief to face New York trial in hidden loan scandal)...
Vol 64 No 18 |
- MOZAMBIQUE
Nyusi may yet face embarrassment when former finance minister Manuel Chang stands trial in New York on charges connected to the loans (Dispatches 28/6/23 Maputo's ex-finance chief to face New York trial in hidden loan scandal)...
DISPATCHES
A decade after details emerged of US$2 billion hidden loans to finance a bogus maritime security project embroiled Credit Suisse and Russia's VTB bank the former finance minister of Mozambique Manuel Chang and Najib Allam a director Franco-Lebanese Privinvest shipbuilding company are finally set to face trial in the United States...
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DISPATCHES
Vol 64 No 12 |
- MOZAMBIQUE
Maputo's former finance minister Manuel Chang has lost a last-ditch court appeal and faces extradition to the United States on charges over his role in the US$2 billion hidden loans corruption scandal...
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Knowles added dryly that the email account of former Finance Minister Manuel Chang was provided but 'its contents appear to have been deleted'...
While Nyusi weathered that storm it remains likely that former Finance Minister Manuel Chang will soon be extradited to the United States from South Africa and if Chang decides to tell all it could have serious implications for the President...
The United States and Mozambican governments have been fighting for the right to extradite former finance minister Manuel Chang from South Africa to face money-laundering and fraud charges but Maputo's efforts are running out of road...
Vol 63 No 16 |
- MOZAMBIQUE
Meanwhile disgraced former Finance Minister Manuel Chang looks likely to be extradited to the United States to answer charges in connection with the hidden loans after the High Court in Gauteng denied an appeal on 27 July...