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) will lease a property from Electro Sul Limitada for 8,815,056.60 meticais, according to a Monday (13) publication in the morning paper News.

According to the newspaper, the lease contract for the property for the operation of the FNDS office is valid for 12 months. Thus, until the end of this agreement, the FNDS will pay about 734 thousand meticais per month to the company 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 the Integrity Magazine.

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

This is a great success for Mozambicans

In recent times, the Abdula family and Minister Korea are involved in controversies.

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

Earlier this year, the Mozambican businessman, Salimo Abdula, who until 2022 presided over the CPLP Business Confederation, was questioned about his power of 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 Evidence.

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

According to the Minister, in the country, less than 10% of the population is food insecure, which puts Mozambique off the list of hungry countries, he wrote The Country.

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

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