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 »

Photo: Pixabay

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

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