Reports on IMF See all →
Mozambique: The biggest corruption case in Africa
A $2 billion corruption scandal continues to upend the political and economic landscape in Mozambique. Manuel Chang, the former finance minister, has been arrested by U.S. authorities along with several co-conspirators. His legal fate, which now hangs in the balance in South Africa, will have major repercussions in his home country. Extradition to the U.S. could implicate other Mozambican officials and help turn back on the flow of international aid and investment.