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Big seizure ordered in Mozambique corruption trial
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Topic: Big seizure ordered in Mozambique corruption trial (Read 52 times)
geemong
Jr. Member
Posts: 77
Big seizure ordered in Mozambique corruption trial
«
on:
February 19, 2022, 03:45:11 AM »
Big seizure ordered in Mozambique corruption trial
A judge presiding over the biggest corruption trial in Mozambique's history has ordered the seizure of assets worth $2.2bn (£1.48bn), including houses and shares, from some of the defendants.
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Former President Armando Guebuza - who is the first ex-head of state to take the witness stand in a court case in the country - has defended his government's decision to secretly borrow $2bn (£1.48) to finance a fishing fleet.
His son, Ndambi Guebuza, is one of 19 defendants on trial accused of diverting $500m from that loan, which was not declared to the Mozambican parliament.
On Friday his father told the court that his government had chosen not to request parliamentary debt approval at the time because it "would have put the plan in danger", adding that some MPs were from the ex-rebel main opposition party Renamo which was waging war.
An exclusive court session has been scheduled for Monday to discuss the requested seizure of assets.
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GregoryHep
Hero Member
Posts: I am a geek!!
Re: Big seizure ordered in Mozambique corruption trial
«
Reply #1 on:
May 31, 2023, 02:50:24 AM »
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Big seizure ordered in Mozambique corruption trial