Mozambique's Ex-Minister to be Extradited to US in $2bn 'Tuna Bonds' Scandal

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Source: Financial Times
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Mozambique's former finance minister, Manuel Chang, is set to be extradited to the United States to face charges related to the $2 billion "tuna bonds" scandal. The scandal involved fraudulent loans taken out by Mozambique's government for a tuna fishing fleet and maritime surveillance project, which were used to fund bribes and kickbacks. Chang's extradition has been approved by the South African government, where he has been detained since 2018, and he will now face trial in the US.

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