{
}
Manuel Chang, a former finance minister of Mozambique, was sentenced to 8 1/2 years in prison for his involvement in a $2 billion bond fraud that implicated Credit Suisse and led to a financial crisis in Mozambique. Having already served 72 months, he will spend an additional 30 months behind bars and must forfeit $7 million, the amount he received for guaranteeing loans tied to the scandal known as the tuna bond scandal.
Nicholas Garaufis
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
former mozambique finance minister sentenced in bond fraud case
20:36 17.01.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Industry Mergers & Acquisitions
Global Financial Events
Market Analysis and Predictions
Banking Regulations
Financial Scams and Security
Retail and Consumer Goods
CEO Changes
Global Trade Developments
Central Bank Actions
Supply Chain Management
Government Policies
Startups & Entrepreneurship
AI Innovations
Government Economic Policies
Energy Sector Developments
Economic Sanctions
Countries:
Companies:
Barclays PLC
Tesla, Inc.
JPMorgan Chase & Co.
Bank of America Corporation
The Goldman Sachs Group, Inc.
NVIDIA Corporation
Wells Fargo & Company
Apple Inc.
UniCredit S.p.A.
UBS Group AG
Banco BPM S.p.A.
Amazon.com, Inc.
Citigroup Inc.
Deutsche Bank RV Global PP
Google Inc.
BNP Paribas SA
Commerzbank AG
Credit Suisse Real Estate Fund Siat
Huawei Technologies CO. Ltd.
ING Groep N.V.
Currencies:
United States Dollar
Euro
Indian Rupee
Swiss Franc
British Pound Sterling
Chinese Yuan
Japanese Yen
Hong Kong Dollar
Danish Krone
United Arab Emirates Dirham
Australian Dollar
Swedish Krona
South Korean Won
Canadian Dollar
Singapore Dollar
Russian Ruble
Malaysian Ringgit
Offshore Chinese Yuan
Kuwaiti Dinar
Ghanaian Cedi
People: