amaBhungane: The banker bros who bankrupted Mozambique By SUSAN COMRIE for AMABHUNGANE sajournalist amaBhungane
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The banker bros who bankrupted MozambiqueA massive scam that has brought the Mozambique economy to its knees will play out in South African courts when former finance minister Manuel Chang appears.
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Former Credit Suisse bankers arrested in London over Mozambique loansLondon authorities says the arrests concern allegations that the former bankers took part in a $2 billion fraud scheme involving state-owned companies in Mozambique.
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Ex-Credit Suisse bankers arrested on US charges over Mozambique loansThe trio, along with the Southern African country’s former finance minister and a Lebanese contractor, are accused of syphoning off at least $200m
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Bankrupt municipality appoints Eskom to electrify villages without following bidding processesA bankrupt Limpopo municipality has made a bizarre decision to fire a company that would spend only R500 000 to complete electrifying homes in a village and has replaced it with Eskom, which will cost the municipality R9.8 million.
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