Ex-Minister of Finance in Mozambique Sentenced in US for Involvement in International Fraud Scheme
2025-01-17
La Nacion
A former Finance Minister of Mozambique, Manuel Chang, has been sentenced to 8.5 years in prison and fined $7 million for his role in a global fraud and bribery scheme. The conviction highlights the US crackdown on international corruption and financial crimes. With the increasing focus on anti-money laundering and financial regulation, this case serves as a significant example of the long arm of US law enforcement. The sentence also underscores the importance of transparency and accountability in global finance, making it a notable development in the fight against financial fraud and corruption.
