Browsing: António Carlos do Rosário

Kroll Report Bank of Mozambique governor Ernesto Gove refused to take questions on the hidden debts at a press conference on 21 July 2016. Photo © Timothy Haccius / Zitamar News
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Mozambique’s public prosecutor has named at least 17 people - including former finance minister Manuel Chang, and former central bank governor Ernesto Gove - who it says should face financial penalties for their part in the $2.2 billion debts borrowed on [...]

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Business Some of the patrol boats bought by EMATUM or ProIndicus. Photo © Tom Bowker / Zitamar News
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Leading oil and gas companies operating in Mozambique have denied involvement with Pro6, a new Mozambican security company reported to be a joint venture between ProIndicus, one of the companies involved in Mozambique’s hidden debts scandal, and the [...]

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Kroll Report Mozambique's leading newspapers react to the Kroll audit
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An independent audit into Mozambique’s $2 billion in secret borrowing, one of two key criteria for the IMF and donors to resume lending to Mozambique, has been completed - but a lack of cooperation by the Mozambique companies during the investigation, and [...]

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Politics Filipe Nyusi addressing the Frelimo parliamentary party, 27 February 2017. Photo © Alexandre Nhampossa / Zitamar News
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A fresh leak of documents related to Mozambique’s ruinous and potentially illegal maritime security scheme in 2013-14 appear to confirm that the country’s current President, Filipe Nyusi, was one of the architects of the deals -

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Politics Former Finance Minster Manuel Chang addressing a Frelimo party meeting on 27 February 2017. Photo © Alexandre Nhampossa / Zitamar News
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The head of the Mozambican Bar Association has called for those responsible for taking out the so-called hidden debts to be held “exemplarily responsible”, and forced to pay back money they may have received. Flávio [...]

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