A former Mozambique finance minister was convicted Thursday of accepting $7 million in bribes as part of an international kickback scheme involving $2 billion in fraudulent state-backed loans that ...

A former Mozambique finance minister was convicted on Thursday on U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies to ...

The former finance minister in Mozambique has gone on trial in the ... at least 10 people have been convicted and sentenced to prison over the scandal, including Ndambi Guebuza, the son of former ...

A US court has convicted a Mozambican former finance minister over a 10-year-old conspiracy ... But the loans were plundered, leaving Mozambique $2bn (£1.5bn) in debt. Chang was arrested in ...

(Bloomberg) -- Mozambique’s former finance minister Manuel Chang was convicted of US charges that he was part of a $2 billion bond fraud scandal that ensnared Credit Suisse Group AG and ...

NEW YORK (AP) — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial ... according to prosecutors, and Mozambique ended up with $2 billion in “hidden debt ...

NEW YORK (Reuters) -A former Mozambique finance minister was convicted on Thursday on U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state ...

NEW YORK (Reuters) -A former Mozambique finance minister was convicted on Thursday on U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned ...