FNDS leases property from Electro Sul Limitada for about nine million meticais a month

FNDS arrenda imóvel da Electro Sul Limitada por cerca de nove milhões meticais mensais

Article with errata...

The National Fund for Sustainable Development (FNDS) is going to lease a property from Electro Sul Limitada for 8,815,056.60 meticais, according to a publication on Monday (13) in the morning newspaper News.

According to the newspaper, the lease on the property for the FNDS office is valid for 12 months. Thus, until the end of this agreement, the FNDS will pay around 734,000 meticais a month to Electro Sul Limitada.

The Director (2014) of Electro Sul Limitada is Jahyr Abdula, son of Salim Abdula, owner of the INTELEC Holding group, where his son also holds the position of Commercial Director, writes Integrity Magazine.

The FNDS is under the supervision of the Ministry of Agriculture and Rural Development, headed by Celso Coreia.

This is a great success for Mozambicans

Lately, the Abdula family and Minister Korea have been embroiled in controversy.

While living in South Africa, Jahyr Abdula, who is also vice-president of the Board of the Union of Young Entrepreneurs of the CPLP Business Confederation, foi kidnapped on October 15, 2021 and rescued after 37 days in captivity in the southeast of Johannesburg.

Earlier this year, Mozambican businessman Salimo Abdula, who until 2022 presided over the CPLP Business Confederation, was questioned over his influence in the Mozambican state. He allegedly imported a Rolls Royce Cullinam car, valued at 25 million meticais, and benefited from customs exemptions of more than 12 million meticais (12,547,822) in the process, according to the Evidence.

In recent weeks, Minister Celso Correia has caused outrage in Mozambican society after claiming that 90% of Mozambicans manage to have three meals a day.

According to the Minister, less than 10% of the country's population is food insecure, which puts Mozambique off the list of countries suffering from hunger, he wrote. The Country.

"This is a great success for Mozambicans. We are having these results, but now our big challenge is to make sure that they are sustainable and to consolidate this principle, continuing on this path," said the Minister, speaking to the Director-General of the Food and Agriculture Organization of the United Nations (FAO), Qu Dongyu, in Rome, Italy.

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