On August 8, 2024, Manuel Chang, former Mozambique Finance Minister, was convicted by a U.S. jury for wire fraud and money laundering in a $2 billion scheme. He received $7 million in bribes for fake maritime loans, leading to over $200 million in bribes and significant investor losses.

To know more: https://www.fcctimes.com/2024/08/08/mozambiques-ex-finance-minister-convicted-in-2-billion-fraud-and-bribery-case/?utm_source=LinkedInText&utm_medium=FCCPoI22Aug24