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.

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.

Africa Rise & Shine

Rise & Shine

Former Mozambique finance minister sentenced to 8 years in prison

https://api.omny.fm/orgs/8f7208d2-db6e-4bfa-85b5-ad3d00776f1f/clips/34d69208-652f-4b6f-8465-b26b0099ae51/transcript