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About: http://data.cimple.eu/news-article/a88dd93e9ddd255f0a14b7e2f13fb43137c565bbb76fb308e82baeaf Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Mozambique on Monday withdrew a legal challenge in South Africa over competing bids to extradite its ex-finance minister who is wanted in the US and Maputo over a $2 billion debt scandal. Manuel Chang has been held in South Africa since December 2018 at the request of US authorities over his alleged involvement in the huge fraudulent loans to Mozambique state firms that plunged the economy into crisis. But Mozambique also accuses Chang of taking kickbacks and wants its former minister sent back to stand trial. South Africa said last year it would send Chang back to Mozambique, only to halt the plan. Then in November the South African High Court ruled that the minister of Justice, Ronald Lamola, should make the final decision over which country Chang should be extradited to. Mozambique initially launched an appeal to that decision, but decided to drop its objections on Monday. Attorney General Beatriz Buchili released a statement saying she "hopes that the withdrawal of the two appeals will help to speed up the outcome of the case, and that the additional pleas submitted, through the appropriate channels, will support the Minister of Justice in re-examining the request". The charges against Chang relate to loans taken out by the Mozambique government when he was finance minister between 2005 and 2015. When the hidden debt was revealed, Mozambique -- which relies on donor aid and is one of the world's poorest countries -- was plunged into the worst financial crisis in its history. The money from the loans was intended to purchase equipment for coastal protection and tuna fishing fleet for Mozambique. In the US, Chang faces charges of conspiracy to commit electronic fraud, financial security violations and money laundering. str/mgu/klm
schema:headline	Mozambique drops S.Africa legal challenge in extradition bid for ex-minister
schema:mentions	Attorney General of New York Tuna Bribery Mozambique Money laundering Extradition Manuel I of Portugal USA Gymnastics South Africa Ronald Lamola Coastal management High Court of South Africa Maputo KLM
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)

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