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Former Mozambique finance minister sentenced to 8 years in prison

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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 to develop the southern African country's marine infrastructure.

Manuel Chang was convicted in August by a Brooklyn jury of conspiracy to commit wire fraud and conspiracy to commit money laundering in the tuna bonds case, following a four-week trial.

For more reaction, Peter Ndoro spoke to Sidonio Tembe from Budget Monitoring Forum, a coalition of Mozambican NGO's interested in monitoring and influencing national public finances.

 
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