Mozambique Ex-Finance Minister Hit with Additional 2.5-Year Prison Sentence in Tuna Bonds Scandal
2025-01-17
MSN
In a significant ruling, a US court has sentenced Mozambique's former finance minister to an additional 2.5 years in prison for his involvement in the notorious 'tuna bonds' corruption case. This scandal had devastating effects on the African nation's economy, triggering a severe financial crisis. The case highlights the need for transparency and accountability in government financial dealings, particularly in relation to sovereign debt and investment schemes. With this verdict, the US court reinforces its commitment to combating financial corruption and ensuring justice for those affected by such illicit activities, including money laundering and corruption cases.