Mozambique Ex-Finance Minister Receives Additional 2.5-Year Prison Sentence in 'Tuna Bond' Scandal
2025-01-17
The Associated Press on MSN.com
Mozambique's former finance minister has been handed an additional 2.5-year prison sentence in a New York court for his role in the high-profile 'tuna bond' corruption case, which led to a financial crisis in the African nation. The sentence comes after the minister was found guilty of wire fraud and money laundering charges, adding to the country's economic woes. The 'tuna bond' scandal has had far-reaching consequences, including debt crisis and economic instability, making it a significant case of financial corruption in Africa. The ruling is expected to bring some closure to the case, which has been closely watched by financial experts and anticorruption advocates.
