Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case
A federal court in New York has sentenced Mozambique’s former finance minister to another two-and-a-half years behind bars for his role in the “tuna bond” corruption scandal that triggered a financial crisis in the African nation.
Mozambique’s Ex-Finance Minister Sentenced to Prison Over ‘Tuna Affair’
Manuel Chang will spend eight and a half years in prison for taking about $7 million in bribes and kickbacks in a loan scandal that sent the country’s economy into a crisis.
Ex-Mozambique Minister Gets 8 1/2 Years in US Bond Fraud
A former Mozambique finance minister was sentenced to 8 1/2 years in prison by a US judge for his role in a $2 billion bond fraud that ensnared Credit Suisse Group AG and triggered a financial crisis for the African nation.
US court sentences former Mozambique finance minister to extended prison term
Mozambique’s former finance minister, Manuel Chang, has been sentenced to serve eight-and-a-half years in prison this Friday for his role in the 'tuna bond' scandal by a Brooklyn court. In 2005,
Mozambique ex-finance minister sentenced in US to 8-1/2 years in prison over 'tuna bonds' scandal
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.
Mozambique's Tuna Bond Scandal: Former Finance Minister Sentenced
Former Mozambique finance minister Manuel Chang received an 8.5-year prison sentence for his role in a $2 billion fraud involving state loans. Convicted of conspiracy in the 'tuna bonds' case, Chang faces deportation after serving roughly 2.
Ex-Mozambique finance minister faces sentencing in New York over $2B ‘tuna bond’ scandal
Manuel Chang, 69, was convicted last year of accepting payoffs to put his homeland secretly on the hook for about $2 billion in loans from major overseas banks.
US court sentences Mozambique’s ex-finance minister to another 2.5 years behind bars in ‘tuna bonds’ corruption case
US court sentences Mozambique’s ex-finance minister to another 2.5 years behind bars in ‘tuna bonds’ corruption case.
Mozambique's Finance Scandal: Former Minister Sentenced in $2 Billion Fraud
Manuel Chang, former Mozambican finance minister, has been sentenced to 8-1/2 years for his involvement in a $2 billion loan fraud. The scheme, linked to the 'tuna bonds' case, led to massive financial losses and turmoil.
Massive tuna sells for $1.3M at Japan auction
A company spent $1.3 million to acquire a massive tuna during an auction held at a Japanese fish market in Tokyo over the ...
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What's So Special About Bottled-In-Bond Whiskey?
Bottled in bond isn't just some marketing term on your whiskey. It turns out that this label is pretty informative. Here's ...