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 ...

Back in 2016, the economy of Mozambique tipped into crisis. The culprit was a government corruption scandal linked to more than $1 billion that officials borrowed in secret. This was a high ...

NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...

Andrew Pearse, a former Credit Suisse banker involved in Mozambique’s “tuna-bond” scandal, was sentenced Thursday to time served by a Brooklyn federal court. Pearse has spent more than six ye ...

Mozambique’s post-election unrest has scuppered attempts to sell the rusting fleet of fishing trawlers at the centre of the $2bn “tuna bonds” scandal that sank the southern African country ...

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 ...

NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...

Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case He was sentenced in Brooklyn federal court.

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 ...

NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...