U.S Probes Banks For Allegedly Aiding Corruption in Mozambique

The U.S. Justice Department and Federal Bureau of Investigation are investigating three international banks for their roles in selling about U.S.$2 billion of debt for Mozambique, opening a new phase in the global inquiry into the secret bond deals. Mozambique last year disclosed over U.S.$1 billion of previously hidden loans, leading the International Monetary Fund and multiple donor countries to freeze aid to the impoverished nation.

  • Mozambique:   FBI Investigating U.S.$2 Billion Secret Debt

    Mozambique News Reports And Clippings, 13 November 2017

    The U.S. Justice Department and Federal Bureau of Investigation are investigating the role of three banks in the $2 bn Mozambique secret debt, the Wall Street Journal reported (WSJ… Read more »

The U.S. Justice Department and Federal Bureau of Investigation.

InFocus

Follow AllAfrica

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.