News Formal

Ex-Mozambique finance minister arrives in US to face debt scandal charges

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Prosecutors say at least $200m was diverted to various defendants and Mozambican government officials

Mozambique’s former finance minister is set to appear in US court on Thursday to face charges of involvement in fraud involving $2bn in loans to three state-owned companies...From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Mozambique finance minister pleads not guilty in New York over debt scandalA 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.
Source: ReutersAfrica - 🏆 31. / 53 Read more »