Browsing: Andrew Pearse
Mozambique is calling for a British court to rule the guarantee granted by the Ministry of Finance to the offshore security company ProIndicus illegal, the office of the Prosecutor-General (PGR) said on Friday. The country also wants to be compensated, with interest, for all losses it has [...]
Welcome to Zitamar’s daily Mozambique briefing for 1 March, 2019 Agenda:
- Today: The extradition hearing of Andrew Pearse, Detelina Subeva, and Surjan Singh, originally set for in London, has been put back a week.
Graça Machel, a major political figure in Mozambique and widow of Mozambique’s first president Samora Machel, and of Nelson Mandela, has written to Credit Suisse urging it absolve Mozambique of the responsibility to repay the $2 billion in debt that it helped arrange for companies owned by [...]
- Next ‘status conference’ on the case to be held in two weeks
- “Complex case” removes need for a speedy trial
Mozambique’s Prosecutor-General (PGR) today accused the United States of failing to cooperate with the Mozambican investigation into the $2.2 billion ‘hidden debts’ scandal which it opened in 2015, saying its investigation is in part dependent on help from the US [...]
This is a reposting of MOZAMBIQUE News reports & clippings 429, first published by Joseph…
Mozambique is currently in negotiations with the International Monetary Fund for an unfunded staff-monitored programme (SMP) to start at the beginning of 2019, which could lead to the financial support restarting later that year.
Mozambique’s Attorney General’s office has begun proceedings to hold those behind the $2 billion raised for ProIndicus, EMATUM, and