Mozambique's former finance minister sentenced for fraud involving Credit Suisse loans
The former finance minister of Mozambique, Manuel Chang, has been sentenced by a US court for his role in the fraud scandal surrounding the so-called "tuna bonds". He is alleged to have embezzled large sums of the billion-euro loan arranged by Credit Suisse. The court in Brooklyn found Chang guilty of fraud and money laundering on Thursday, the US Department of Justice announced on Friday night. He is said to have accepted a seven million dollar bribe to sign state guarantees for a two billion dollar loan to the African country... Читать дальше...