Publishing Guide

Upcoming Events

International | Crime and Justice

no events match your query!

New Events

no events posted in last week

Other Press

Crime and Justice

Did Zelensky & Biden Deliberately Kill an American for Free Speech? -Yes of Course 22:55 Feb 21 0 comments

Israeli October 7 posterchild was killed by Israeli tank, eyewitnesses reveal 21:33 Nov 26 0 comments

Demoncide & Tachanka 21:28 Feb 23 0 comments

Drugs flood Europe through the Armed Forces of Ukraine 12:48 Dec 26 2 comments

European Parliament vice-president arrested on corruption charges 23:15 Dec 20 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Public Inquiry

Interested in maladministration. Estd. 2005

RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

Joe Duffy is dishonest and untrustworthy Anthony

Robert Watt complaint: Time for decision by SIPO Anthony

RTE in breach of its own editorial principles Anthony

Waiting for SIPO Anthony

Public Inquiry >>

Human Rights in Ireland

Promoting Human Rights in Ireland

Human Rights in Ireland >>

Lockdown Skeptics

Sex Sells. It Always Has. And the Ad Industry Has Finally Remembered That Sat Aug 02, 2025 19:18 | Lee Taylor
Sex sells, says Lee Taylor, and that is something many brands, caught up in the joyless theatre of modern virtue-signalling, could well stand to relearn.
The post Sex Sells. It Always Has. And the Ad Industry Has Finally Remembered That appeared first on The Daily Sceptic.

Migrant Hotel Residents Film and Laugh as Protesters Clash in Islington Sat Aug 02, 2025 17:00 | Richard Eldred
Nine people have been arrested after protests in Islington turned ugly over a hotel housing asylum seekers, with migrants seen laughing and filming from the windows.
The post Migrant Hotel Residents Film and Laugh as Protesters Clash in Islington appeared first on The Daily Sceptic.

Record Number of Over-60s Referred to Prevent Amid Explosion in ?Extreme Right Wing? Views, eg Likin... Sat Aug 02, 2025 15:00 | Toby Young
The over-60s are being referred to Prevent in record numbers for their susceptibility to ?extreme Right-wing? ideology, with red flags including liking the Dambusters and owning the complete works of Shakespeare.
The post Record Number of Over-60s Referred to Prevent Amid Explosion in ?Extreme Right Wing? Views, eg Liking The Dambusters appeared first on The Daily Sceptic.

GB News is Now Britain?s No1 News Channel Sat Aug 02, 2025 13:00 | Richard Eldred
Just four years after launch, the People's Channel has toppled the BBC to become Britain's most-watched news channel, beating both the Beeb and Sky in key July slots.
The post GB News is Now Britain?s No1 News Channel appeared first on The Daily Sceptic.

Red Cross Pays For Dependents of Asylum Seekers to Relocate to Britain Sat Aug 02, 2025 11:00 | Toby Young
The Red Cross is paying for the families of hundreds of migrants granted asylum to relocate to Britain. Confronted about this by the Telegraph, Yvette Cooper blamed the Tories. Shock!
The post Red Cross Pays For Dependents of Asylum Seekers to Relocate to Britain appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network

Voltaire, international edition

Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

Mozambique Charges Former President's Son, Officials for Secret Debt Scandal

international | crime and justice | press release

Friday August 09, 2019 22:02

by Kate Zeller

Report this post to the editors

Mozambique charged the former president's son and 19 others on corruption, fraud and blackmail in relation to a $2 billion dollar loan scandal.

Washington DC - Mozambique charged the former president's son and 19 others on corruption, fraud and blackmail in relation to a $2 billion dollar loan scandal.

“Some of the world's poorest people are the victims of the Mozambique debt scandal,” noted United Nations corruption and finance expert Eric LeCompte and Executive Director of the religious development group, Jubilee USA Network. “This behavior is only possible because of a lack of global loan transparency and a lack of public budget transparency in Mozambique.”

In July, former Credit Suisse banker Andrew Pearse pled guilty in US Federal Court for accepting millions of dollars in a fraud scheme that led to the $2 billion Mozambique loan scandal and debt crisis in the East African country. Pearse and six others are accused of taking $200 million in kickbacks. US prosecutors argue that Credit Suisse and Russian-based VTB finance group hid secret loans by bribing bank and government officials. The loans were supposed to support the tuna fishing industry, but instead supported the outfitting of boats as military attack crafts.

Both the US and Mozambique governments also seek to prosecute and extradite former Mozambique finance minister Manuel Chang, currently detained in South Africa.

"The International community must implement standards on public budget transparency and responsible lending and borrowing to prevent future corruption,” said LeCompte. “The people of Mozambique struggle to recover from endemic corruption, a debt crisis and horrific natural disasters."

This year, the southeast African country was hit with two destructive cyclones.

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy