Mozambique ex-minister extradited to US to face debt scandal charges

📆 7/13/2023 10:37 AM
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Mozambique's former finance minister, Manuel Chang, was extradited to the US from South Africa on Wednesday to face charges for his alleged role in a $2bn debt scandal.

Chang, who has denied wrongdoing, had been detained in South Africa since 2018, when he was arrested at the request of the US on charges including money laundering and conspiracy to commit fraud.

“The ministry of justice and correctional services confirms South Africa's law enforcement agencies successfully surrendered Mr Manuel Chang to the US on July 12,” a ministry statement said. The US charges relate to loans obtained from Credit Suisse and Russia's VTB Bank that were guaranteed by the Mozambique government and signed off by Chang during his 2005-2015 term as finance minister.

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