New hearing for the “Hidden Debts” case scheduled for January in London

New hearing for the “Hidden Debts” case scheduled for January in London

British court pending to continue secret debt process involving shipments and other systems for coastal protection and fishing projects

New hearing for the “Hidden Debts” case scheduled for January, in London, advances the portal Voa Português. The Mozambican authorities initiated a process during the past year, alleging, among others, that the entire form of hiring in question was a fraud.

The Mozambican state asks for the cancellation of the sober guarantees issued by the ex-minister of Finance, Manuel Chang, to make the debt of ProIndicus, in the amount of 622 million dollars contracted by Credit Suisse in 2013, viable. Privinvest was a main supplier of goods and services for project design.

In the new hearing, some entities and persons linked to Credit Suisse, Privinvest and the owner Iskandar Safa are going as defendants.

To help clarify the case, the British court listed as witnesses some Mozambican citizens, among them the former President of the Republic, Armando Guebuza, and his son Armando Ndambi Guebuza, as well as the former finance minister, Manuel Chang, among others. .

Manuel Chang remains in detention in South Africa. There is a request for extradition from the former Minister of Finance of Mozambique, made by the United States, which Mozambique opposes.

The other accused remain in detention in Maputo. Mozambican authorities have already promised that a trial will take place later this year in a country court.

This article is available in: Português

Related posts
AngolaPolitics

João Lourenço pressured to accuse Manuel Vicente

AngolaPolitics

United Nations Program will cooperate with Angola in fighting corruption

AngolaPolitics

Generals "Dino" and "Kopelipa" will be heard because of the State's business with Chinese company

MozambiquePolitics

President Filipe Nyusi may be involved in the London trial

Subscribe to our Newsletter.