Archive List for Mozambique financial crisis

Mozambique ex-president’s son, 10 others jailed over corruption

A court in Mozambique has sentenced the son of a former president, two ex-spy bosses, and eight others to years in prison for their part in a corruption scandal in which the government sought to conceal huge debts, triggering financial havoc. The 11 were found guilty and sentenced on Wednesday on charges related to a $2bn “hidden debt” scandal which saw hundreds of millions of dollars in government-backed loans disappear and crashed the southern African nation’s economy. Al Jazeera’s Kevin Calvert reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Mozambique #Corruption #MozambiqueCorruption […]