Former Mozambican Finance Minister, Manuel Chang has been handed over to the FBI to face fraud and corruption charges in the US.
Spokesman for South Africa’s Justice and Correctional Services Ministry, Chrispin Phiri explained that Chang had been in prison in South Africa since December 2018 despite denying any wrongdoing.
Phiri was in charge of Mozambique’s finances when the country guaranteed more than $2bn in secret borrowing by state-owned firms sparking the biggest corruption scandal and led to economic collapse.
It is alleged that the money was used to buy a large tuna factory, among other things, leading to the affair being dubbed the tuna bond scandal.
