Home Africa US Jury delivers verdict in Manuel Chang’s corruption trial

US Jury delivers verdict in Manuel Chang’s corruption trial

US Jury delivers verdict in Manuel Chang’s corruption trial

Rédaction Africa Links 24 with Africa News
Published on 2024-08-09 04:20:50

The former finance minister of Mozambique, Manuel Chang, has been convicted on U.S. charges for his involvement in a $2 billion bond fraud that caused a financial crisis in his country.

Chang was charged with accepting bribes to covertly bind his African nation to large loans focused on tuna fishing and various maritime projects.

Prosecutors allege that bribes and kickbacks resulted in the exploitation of loans, leaving the country with…

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