NEW YORK -A former Mozambique finance minister was convicted on Thursday on U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies to develop the African nation's fishing industry.
The projects eventually collapsed and the state-backed companies defaulted on their loans, leaving investors with millions of dollars in losses. Peace called Chang"a corrupt, high-ranking government official whose greed and self-interest sold out one of the poorest countries in the world." Prosecutors said officials and bankers embezzled $200 million of the $2 billion in financing raised for the projects from 2013 to 2016.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption caseA U.S. jury has convicted former Mozambican Finance Minister Manuel Chang in a bribe conspiracy case that welled up from from his country’s “tuna bond” scandal. A federal jury in New York delivered the verdict Thursday.
La source: AP - 🏆 728. / 51 Lire la suite »
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption caseA U.S. jury has convicted former Mozambican Finance Minister Manuel Chang in a bribe conspiracy case that welled up from from his country’s “tuna bond” scandal.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption caseNEW YORK (AP) — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a bribe conspiracy case that welled up from from his country's “
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption caseA U.S. jury has convicted former Mozambican Finance Minister Manuel Chang in a bribe conspiracy case that welled up from from his country’s “tuna bond” scandal.
La source: ksatnews - 🏆 442. / 53 Lire la suite »
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption caseA U.S. jury has convicted former Mozambican Finance Minister Manuel Chang in a bribe conspiracy case that welled up from from his country’s “tuna bond” scandal.
La source: KPRC2 - 🏆 80. / 68 Lire la suite »