Mozambique's former finance minister was arrested at the request of the US for his alleged involvement in $2bn of borrowing that US authorities say was fraudulent
Caption: Mozambique's former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. Picture: REUTERS/SHAFIEK TASSIEM
While a blow to Chang's legal team, who would prefer him to face related charges in Mozambique, the judge's ruling effectively constitutes only a recommendation to justice minister Michael Masutha, who has the final say. Chang signed off on the loans, which were guaranteed by the government but not disclosed, during his time as finance minister. Mozambique's subsequent acknowledgement of the undisclosed borrowing prompted donors to cut off support and triggered a currency collapse.
Chang's lawyers had argued against him being sent to the US, where a trial would be likely lift the lid on as-yet unknown details of the debt affair with potential implications for senior members of Mozambique's ruling party ahead of elections in October.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mozambican Manuel Chang can be extradited to USMozambique's former finance minister was arrested at the request of the US for his alleged involvement in $2bn of borrowing that US authorities say was fraudulent
Read more »
Former Mozambican finance minister should be extradited to US on fraud charges - SA courtFormer Mozambican finance minister Manuel Chang should be extradited to the US where he is wanted on allegations of conspiracy to commit fraud and taking millions of dollars in bribes in a $2bn loan scandal.
Read more »
SA court finds enough evidence to extradite Emmanuel Chang to USSouth African police arrested former Mozambican finance minister Emmanuel Chang in December on a warrant of arrest issued by the US.
Read more »
Chang should be extradited to US on fraud charges — SA courtSecurity was tight as former Mozambican finance minister Manuel Chang was brought into court from the holding cells on Monday, with the court doors being guarded by seven SAPS members wielding assault rifles.
Read more »
Trump '100 percent' ready to close US-Mexico borderUS President Donald Trump said he was fully prepared to close the southern US border.
Read more »
Oil rises to highest since November on support from Opec-led cutsSupply decreases, US sanctions against Iran and Venezuela and strong US nonfarm payrolls data lift Brent
Read more »
SA court rules Mozambique ex-finance minister can be extradited to US | IOL NewsA South African court has ruled that Mozambique's former finance minister Manuel Chang can be extradited to the US, one of Chang's lawyers said.
Read more »
UPDATE: Moz ex-minister can be extradited… but where to?With both the US and Mozambique seeking Manuel Chang's extradition, the court said only the justice ministry could decide where to surrender him.
Read more »
Weak aircraft sales drive US durable goods slump in FebruaryOrders for machinery, computers, communications equipment and defence articles also decline, and could weigh on GDP growth
Read more »
US catches up with China as 5G wireless race hots upStudy shows US has more 5G deployment than any other country in 2019, closing the readiness gap
Read more »