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Anti-Empire

offsite link The Wholesome Photo of the Month Thu May 09, 2024 11:01 | Anti-Empire

offsite link In 3 War Years Russia Will Have Spent $3... Thu May 09, 2024 02:17 | Anti-Empire

offsite link UK Sending Missiles to Be Fired Into Rus... Tue May 07, 2024 14:17 | Marko Marjanović

offsite link US Gives Weapons to Taiwan for Free, The... Fri May 03, 2024 03:55 | Anti-Empire

offsite link Russia Has 17 Percent More Defense Jobs ... Tue Apr 30, 2024 11:56 | Marko Marjanović

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Human Rights in Ireland
A Blog About Human Rights

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offsite link 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights

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offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

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Lockdown Skeptics

The Daily Sceptic

offsite link AstraZeneca Victim Lashes Out at ?Woefully Inadequate? Compensation Sun May 19, 2024 15:00 | Richard Eldred
A mother-of-three is struggling to survive on the compensation she received after being left paralysed and forced to medically retire from work following the AstraZeneca Covid jab.
The post AstraZeneca Victim Lashes Out at ?Woefully Inadequate? Compensation appeared first on The Daily Sceptic.

offsite link Tories ?Wrong to Oust Boris Johnson? Insists Nadhim Zahawi Sun May 19, 2024 13:00 | Richard Eldred
The decision to ditch Boris Johnson has been slammed by former Chancellor Nadhim Zahawi.
The post Tories ?Wrong to Oust Boris Johnson? Insists Nadhim Zahawi appeared first on The Daily Sceptic.

offsite link National Trust Accused of ?Anti-white? Language Sun May 19, 2024 11:00 | Richard Eldred
Kemi Badenoch has slammed the National Trust for using the term "Global Majority" to describe non-white people, condemning it as anti-white and divisive.
The post National Trust Accused of ?Anti-white? Language appeared first on The Daily Sceptic.

offsite link The UN?s Halving of the Gaza Civilian Death Toll Means the Case Against Israel Has Just Collapsed Sun May 19, 2024 09:00 | Will Jones
The recent halving of the Gaza civilian death toll by the UN should be the moment that the case against Israel?s 'genocide' goes into terminal collapse, argues Jake Wallis Simons.
The post The UN’s Halving of the Gaza Civilian Death Toll Means the Case Against Israel Has Just Collapsed appeared first on The Daily Sceptic.

offsite link The Media?s Barely Concealed Delight at the Shooting of Robert Fico Sun May 19, 2024 07:00 | Steven Tucker
Reporting on the attempted assassination of Robert Fico, the unspoken media subtext was that, as an anti-EU firebrand and supposedly 'far-Right', the Slovakian PM somehow had it coming.
The post The Media’s Barely Concealed Delight at the Shooting of Robert Fico appeared first on The Daily Sceptic.

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Voltaire Network
Voltaire, international edition

offsite link Voltaire, International Newsletter N°87 Sat May 18, 2024 05:29 | en

offsite link Europa Viva 2024 kowtows to the Straussians Sat May 18, 2024 03:01 | en

offsite link The world economic order is falling apart, by Alfredo Jalife-Rahme Fri May 17, 2024 08:13 | en

offsite link General Assembly supports Palestine's full membership in the United Nations Tue May 14, 2024 10:49 | en

offsite link Elections to the European Parliament: a costly masquerade, by Thierry Meyssan Tue May 14, 2024 07:04 | en

Voltaire Network >>

Mozambique Charges Former President's Son, Officials for Secret Debt Scandal

category international | crime and justice | press release author Friday August 09, 2019 22:02author by Kate Zeller Report this post to the editors

Mozambique charged the former president's son and 19 others on corruption, fraud and blackmail in relation to a $2 billion dollar loan scandal.

Washington DC - Mozambique charged the former president's son and 19 others on corruption, fraud and blackmail in relation to a $2 billion dollar loan scandal.

“Some of the world's poorest people are the victims of the Mozambique debt scandal,” noted United Nations corruption and finance expert Eric LeCompte and Executive Director of the religious development group, Jubilee USA Network. “This behavior is only possible because of a lack of global loan transparency and a lack of public budget transparency in Mozambique.”

In July, former Credit Suisse banker Andrew Pearse pled guilty in US Federal Court for accepting millions of dollars in a fraud scheme that led to the $2 billion Mozambique loan scandal and debt crisis in the East African country. Pearse and six others are accused of taking $200 million in kickbacks. US prosecutors argue that Credit Suisse and Russian-based VTB finance group hid secret loans by bribing bank and government officials. The loans were supposed to support the tuna fishing industry, but instead supported the outfitting of boats as military attack crafts.

Both the US and Mozambique governments also seek to prosecute and extradite former Mozambique finance minister Manuel Chang, currently detained in South Africa.

"The International community must implement standards on public budget transparency and responsible lending and borrowing to prevent future corruption,” said LeCompte. “The people of Mozambique struggle to recover from endemic corruption, a debt crisis and horrific natural disasters."

This year, the southeast African country was hit with two destructive cyclones.

Related Link: https://www.jubileeusa.org/mozambique_charges_on_secret_debt_scandal
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