In an update... French-Lebanese shipyard magnate Iskandar Safa died at the age of 69 on Monday (29) in Mougins, France, from an illness, according to his partner in the magazine Valeurs Actuelles, Tugdual Denis. In an announcement on the social network 'X', formerly Twitter, Denis wrote: "Tonight, it is with deep sadness that we inform you of the...
The Mozambican state is demanding compensation of 10 billion dollars from Privinvest for the damage caused to Ematum, MAM and ProIndicus. Citing a source in the Attorney General's Office (PGR), Notícias reports that Mozambique is asking the British authorities to annul these loans. It should be remembered that this week the Supreme Court authorized the...
The Mozambican government has agreed to allow lawyers from Peters & Peters access to some documents from the Office of the President of the Republic and the State Information and Security Service (SISE) relating to hidden debts. According to the Center for Public Integrity (CIP), which provided the information, this guarantees...
Former Finance Minister Manuel Chang was extradited from South Africa to the United States of America on Wednesday morning (12). The following day, he appeared for the first time before the district judge of Brooklyn (New York), Nicholas Garaufis. At the hearing, he pleaded not guilty to the three counts of fraud against him. He fixed...
Prosecutors investigating the involvement of Manuel Chang, the former Mozambican Finance Minister, in the Hidden Debts scandal (2.7 billion dollars), claim to have proof that the amount paid in bribes is higher than has been claimed so far. According to the Portuguese portal Voz da América, the men...
Manuel Chang, the former Finance Minister, was extradited from South Africa on Wednesday morning (12) into the custody of the US justice system. He is answering questions about his involvement in defrauding the Mozambican state of more than 2.7 billion dollars. He is charged with three crimes, including conspiracy to commit fraud...
The Independent Evaluation Group (IEG) has concluded that the World Bank (WB) could have created conditions to avoid the contraction of undeclared debts by the Mozambican state, valued at more than 2.7 billion dollars. The information is contained in an IEG report on WB assistance to Mozambique...
The South African authorities handed over former Finance Minister Manuel Chang to the US authorities in Johannesburg this morning. According to RDP, a South African government source confirmed that Manuel Chang was being taken by private jet. "The Ministry of Justice can confirm that Mr. Manuel Chang has been handed over to the agencies...
The former Minister of Finance, Manuel Chang, will be extradited to the United States of America, with some reports indicating that this would happen by Monday (10). According to a publication by a member of the Center for Public Integrity (CIP), the plane that will transport Manuel Chang to American territory landed on...
The magistrate chosen to judge the autonomous case of undeclared debts (Hidden Debts) brought against the former Minister of Finance, Manuel Chang, is César Zunguze, of the 8th Section of the Maputo City Judicial Court. In addition to Chang, the case includes three former senior managers of the Bank of Mozambique (BM) accused of involvement in the fraud of...