Mozambique Ex-Finance Minister Jailed for 2.5 Years in Tuna Bonds 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 US court for his role in the 'tuna bonds' corruption case, which led to a financial crisis in the African country. The conviction on wire fraud and money laundering charges marks a significant milestone in the case, which has sparked widespread outrage and calls for accountability. With the added sentence, the ex-minister faces a lengthy prison term for his involvement in the scandal, which has had far-reaching consequences for Mozambique's economy and people, highlighting the need for financial transparency and corruption prevention measures, including anti-money laundering and financial regulation.
