Mozambique: Former Finance Minister Faces Trial in U.S. Over "Tuna Bond'’ Scandal |Firstpost Africa
Vložit
- čas přidán 4. 09. 2024
- Mozambique: Former Finance Minister Faces Trial in U.S. Over "Tuna Bond'’ Scandal | Firstpost Africa
Mozambique's former finance minister Manuel Chang is facing a trial in the U.S. over the infamous Tuna bond scandal. The corruption scandal that emerged in 2016 led to a massive economic collapse in the southern African nation. Chang is charged with taking bribes to commit his country secretly to huge loans that prosecutors say were looted. Prosecutors say huge chunks of the loan proceeds went as bribes and kickbacks to bankers and government officials. It is believed that around 7 million dollars went to Chang himself who has been accused of signing off the funds during his term and not disclosing them. When this fraud surfaced, it shook Mozambique's economy and plunged it from one of the world's best to one of the world's worst.
---
Mozambique | US | Nigeria | Manuel Chang | Tuna Bond Scandal | Economy | Africa | Bribery | Bankers | Firstpost Africa | Alyson Le Grange | Africa | Global South | Geopolitics | Military Coup | Environment | Climate Change | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News
#mozambique #usa #nigeria #manuelchang #tunabondscandal #economy #africa #bribery #bankers #firstpostafrica #africa #alysonlegrange #globalsouth #militarycoup #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
Follow Firstpost on Instagram:
/ firstpost
Follow Firstpost on Facebook:
/ firstpostin
Follow Firstpost on Twitter:
/ firstpost
Follow Firstpost on WhatsApp:
www.whatsapp.c...
We are still suffering the consequences of this horrible fraud....
Economic consequences until now prices of the commodity have rise life is not easy .
Blame it all on Guebuza, he's the one who fked it all
As a Mozambican citizen I hope they get the truth out about government corruption.
These guys are making their best to maintain us in poverty 😢. They must be put in jail.
Sou de Moçambique 🇲🇿 e por causa de Chang e seus colegas vivo com menos de 5 dólares por dia! Que seja condenados e devolvam o dinheiro do povo! Esse é nosso dinheiro!
Situaçao ta pessima contando com as subidas das coisas
Tem que pagar ele e todos envolvidos
5? Até é muito, 2 mesmo
Nyusi isn't in Court! Why? He bought a plan with the same money and he is in the same group.
He's the president, he cant be called to a court
Guebuza should be held accountible for he's role in all these scandalous ish, he was the president at that time so everything was done under he's management, don't you agree with me?
What a shame. A country with so much to give and so much potential, gone to waste because of greed and mismanagement by corrupt officials....Sad
Good because what they have in Mozambique is a kangaroo Court not the Judicial system in the civilized world
I agree (I'm Mozambican)
Exactly all court are controlled by the ruling party and the system is corrupt.
@@tomascaetano4270also agree.
Tanzania Finance minister is looking at this news shaking to the core
Que ele seja condenado e fique por ai, se ele voltar a Moçambique irão solta-lo e o dinheiro nunca irá retornar, pelo contrário até será ainda mais despesa para o país porque vai receber regalias de ex ministro ou até ser promovido a mais um cargo!
Agora uma toda nação tem que pagar a dívida feita por um punhado de pessoas 💔🤢
Nao temos como situaçao ta muito complicado.
@@baloz8974 é deprimente
This happens all over Africa.
Pedimos que esses senhores sejam exemplarmente sancionados. Como cidadão moçambicano sofro por esses malvatos
Lock him up please, we don't want to see him around here anymore, this guys they have been destroying our nation 😢
Do not bring him back!...
Thanks so much for shedding light on this matter. Please take a look at what’s happening with these elections 🙏
Why are African leaders facing trials in the United States and not in Africa? Do you see American leaders facing trials in Africa for their crimes?
because Africa is so corrupted in the world
Do u really think there would be a clean judgment in Africa?
I live in Mozambique, and in my opinion is good that he will face the US trial
He defrauded American investors.
0 credibility
@@KLRH23 ofc, you said it all
People are stsrving in Moçambique they live less than half a dollar
If you see my massange
Remember that we are suffering to much
Help us
And put manuel chang in jail
Sad truth
Man we suffering heee you are not imagine the crime is increasing in my country
It's crime against humanity!! Him, Guebuza, Nyusi, they should be jailed in USA
Coconut 🥥 that's the reason why their country can't get better.
A luta continua 😂
Continua
Continua
It is very majestic to see the culture of a people being valued but even so, I still feel like I'm useless in my small community in Mozambique, Gaza province, Chokwe district An elderly man lives in deplorable conditions, sleeping almost outdoors with his 4 grandchildren She named Mahajane suffers every day to survive To whomever can reach out, God bless you abundantly. I am available to provide any information about
May God bless new and Young leaders for Africa 💪
We have such a problem in Kenya, we ask the international community to help
You must stand a fight it by yourself first ,this the finance minister was arrested after he leaves power .Ruto has gone into this also by taking IMF money and putting in his pocket.
We are suffering and it's still getting worse daily...
MANUEL CHANG ROUBOU MUITO DINHEIRO
Corruption is one of the biggest problems here in Mozambique.
Philippines should investigate Duterte
Can wait to see Nyusi in that chair!
it's a small group of frelimo's senior member who got benefited 2.2 bln of Us dollars.
Why not facing the trial in Mozambique instead of USA? We really have weak leaders in Africa
The current Chief of Cabinet is waiting for his time to get to court
Our president is shaking to the core
Also Moz then #MozWeOn
Como diz o Lil Wayne de Moz 🇲🇿, Internacional 😅😅
Aq ligado de moçambique esse homem nos matou ainda vivos o povo moçambicano
so de mocambique nem emprego tenho
Our country sank because of this gentleman and his friends!
Esperamos que venham levar outros envolvidos, a justiça aqui em Moçambique não é justa.
Power EUA
😂😂😂😂 Africa has not capacity to rule itself
You mean they should be better if they are still under the British?
Biden is brain dead but he continues to rule USA 🇺🇸 The most powerful country in the world imagine.
Finally, someone said it right! I hate this drunken report.
Burkina Faso, Niger, are making a great Change
Armando Gubeza
Estou a gramar de ver os comentários em Inglês da malta de Moz😂😂😂😂
Please someone tell FBI that there's more of them here,
Let us wait for the outcome.
The only crime this guy commited against the USA to source all the boats/ships from France instead of american supliers.
Similar thing did happen when the mozambican national airliner got Embraer planes instead of Boeing.
In both cases, mozambican officers faced charges of misuse of the american banking system and violation of its regulations.
Foreign businesses parterners of Manuel Chang did face similar charges in america. Guess what, the court desmissed completely the case.
Mozambique is 4 month away to the next presidential elections and this an american way to get whatever they want from african leaders. It all about american interests not mozambican interests.
Engraçado que essas notícias só aparecem nos canais de fora ,e não nos canais nacionais
Lmao as a Mozambican, I'm telling you it's bigger than a 2.2 billion dollars loan. When foreign investment comes back, it will come back at a cheaper price and the same officials still be rich.
😂😂😂😂 nossos ministros moçambicanos, coisas que fazem só da vergonha curuptos
Arrest them all. Ladroes nao merecem pena
Now the truth will come
I wonder what part do these banks and their representatives play in this hineous crimes -that create a lot of unseen suffering in mozambique? This is not a legitimate debt and should not be paid.
gatuno corrupts
Agora viramos colonia de Rwanda 🤣
😮🧐🫥
CUIDEM DELES 🇲🇿🇲🇿🇲🇿🇲🇿
An anti African New Channel. A lame journalist.
Hi
❤🎉
1:09
❤❤❤❤❤❤