Credit Suisse Bond Fraud Brings Ex-Mozambique Official to US to Face Charges
Fraud,Credit Suisse,Banking and Finance
From the Left
AllSides Media Bias Rating: Lean Left
Mozambique’s former Finance Minister Manuel Chang is scheduled to appear in a federal court in New York on Thursday to face US charges over his role in a $2 billion bond fraud scandal that embroiled Credit Suisse Group AG, court records show. South Africa said in a statement Wednesday that it had surrendered Chang to the custody of US authorities earlier in the day. Chang had been in South African custody since Dec. 29, 2018, when he was was detained on an arrest warrant issued by federal prosecutors in Brooklyn,...
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