Manuel Chang will spend eight and a half years in prison for taking about $7 million in bribes and kickbacks in a loan ...

Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral ...

A U.S. federal judge said Manuel Chang betrayed his country in one of the biggest debt-corruption scandals in Africa.

Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for ...

A former Mozambique finance minister was sentenced on Friday to 8-1/2 years in prison after being found guilty of participating in a fraud involving $2 billion in loans to three state-owned companies ...

Manuel Chang was sentenced to 102 months in prison for his part in stealing hundreds of millions of dollars in loans, which ...

A New York federal judge sentenced a former Mozambique finance minister to 8½ years in prison Friday for his role in an international kickback scheme involving $2 billion in fraudulent state ...

NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...

Chang was Mozambique’s top finance official from 2005 until 2015, when he signed off on loans that were supposed to pay for a tuna fishing fleet, a shipyard, Coast Guard vessels and other ...

Mozambique Ex-Finance Minister Sentenced in US to 8-1/2 Years in Prison Over 'Tuna Bonds' Scandal By Luc Cohen NEW YORK (Reuters) - A former Mozambique finance minister was sentenced on Friday to ...