2017 Political Economy Outlook: Mozambique

PESA Power987 Interview

Power98.7: Power Hour

Monday, 26 June 2017

Interview about Mozambique's continuing public debt saga and the Kroll audit report findings. Kroll was appointed as the independent auditor to look into transactions by three Mozambican state-owned enterprises (SOEs) who were involved in a scandal about USD 2 billion worth of undisclosed debt. The report found a number of irregularities and sought further explanation and proof for USD 500-700 million worth of irregular expenditure from a number of transactions which were financed by Credit Suisse and the Russian VTB Bank.

Share the Love

Leave a Reply

Your email address will not be published. Required fields are marked *