Browsing: Kroll

Hidden Debts dossier
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Isaltina Lucas dismissal signals Nyusi attempt to ‘wash hands’ of hidden debts

Mozambican President Filipe Nyusi yesterday dismissed Maria Isaltina Lucas as deputy finance minister, potentially clearing the way for her to face prosecution for her role in the $2.2 billion ‘hidden debts’ scandal. The dismissal is an “appropriate measure” which removes her immunity as a [...]

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Hidden Debts dossier
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Frelimo leadership says keep options open on ‘hidden debts’

The Political Commission of Mozambican ruling party Frelimo may be moving to support non-payment of the so-called ‘hidden debts’, saying last Friday that the government’s focus should be on “identifying solutions which safeguard the interests of [...]

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Economy
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IMF eyes new Mozambique programme, as civil society ‘questions sincerity’

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.

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Economy
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Mozambique offers IMF nothing new on hidden debts

The head of the International Monetary Fund’s (IMF) Africa department says he has no new information to report on Mozambique’s hidden debts, telling journalists last week that the Fund is still waiting for further clarifications from government. [...]

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Hidden Debts dossier
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Nyusi says those behind Mozambique’s hidden debts must be held responsible

Filipe Nyusi, the president of Mozambique, told foreign diplomats in Maputo on Monday that his government wants to see those who got the country into the $2 billion in government-guaranteed debt held responsible.

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