Mozambique Ex-Finance Minister Paves Way for Charges at Home
- Chang Resigns as lawmaker, losing immunity from prosecution
- South Africa halted extradition of kingpin in $2b loan scandal
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Mozambique’s former finance minister has resigned as a lawmaker, potentially paving the way for him to face charges in his home country in relation to a $2 billion hidden-debt scandal.
Manuel Chang’s resignation, effective July 19, means he is no longer immune from prosecution, Speaker Veronica Macamo told lawmakers at the opening of parliament Wednesday in the capital, Maputo. Chang served as finance minister when Mozambique took on $2 billion of foreign debt in 2013 and 2014 to finance a tuna fishing-boat fleet and maritime-surveillance project.