Will Mozambique recover from its $2 billion corruption scandal? | Inside Story

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It has become known as the 'hidden debt scandal'...and is one of the biggest corruption cases in recent years.
A court in Mozambique has begun delivering its verdict, which is expected to take five days, in the trial of 19 people accused of a wide range of financial crimes, in connection with the $2-billion scheme.
The defendants are mostly former senior government officials - including the son of an ex-president.
So, how will Mozambique move on from this financial crisis?

Presenter: Adrian Finighan

Guests:

Denise Namburete - Founder, N'Weti.

Fernando Lima - Investigative Journalist.

Borges Nhamirre - Researcher with the Public Integrity Center in Mozambique

#Mozambique #Corruption #MozambiqueCorruption #HiddenDebtScandal
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Here in Mozambique, the fundamental problem is that there is no credibility in the judicial system, which is a completely politicized and corrupted system... Now is a great opportunity for the Mozambican judicial system to do what is right and prove us all wrong!🇲🇿👨🏽‍⚖️👩🏽‍⚖️⚖️🇲🇿

mozlover
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Credit Suisse and other “lenders” knew such loan agreements were illicit and they were dealing with untrustworthy people. Why should the Mozambican people be obligated to pay back the profiteers? The lenders knew they were taking risks and had no guarantees.

lmrandlette
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This' where we Kenyans are heading. Thanks to Jimmy Wanjigi

ericsart
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Ferdinand Marcos (Sr and Jr): Hold my beer.

maicaangelaurlanda
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South Africa and others are worse. Only Botswana is hopefull. Northern Mozambique gas fields ? Total and others attacked by Al Shabaab with Wagner presence ?

eugenio
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Make one followup report on this same issue AJ inside story.

Quick
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Humans' Greed

Weak souls can't fight against greed.

gaiamagna
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idk if it crashed, if romania didn't got 2b from eu just because they had a better grown in economy than was supposed, this ppls economy can't be so thin.

cosmincoco
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I love the grounded reality of this channel... TA is all well and good but I find it truly baffling that all major crypto YouTubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets. More emphasis should be put on day trading as it is less affected by the unpredictable nature of the market. I have made over 1.8btc from day trading with Gerry Schmidt insights and signals in less than 2 weeks, this is one of the best mediums to backup your assets in case it goes bearish.<The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is the right time to invest? before jumping to a conclusion I think you should take a look at things first.. while others still continue to trade without the fear of making a loss, others are being patient. it all depends on the pattern with which you trade and the source of your signal.

lisajr
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When will Al Jazeera talk about the Qatargate corruption scandal? 😂

yohighness
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"military gunships" my country 🇲🇿😆😆😆

bennymagaisa
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Denise, you are completely lost!!!! You do not seem to understand what the whole case is all about. This is a charade.

koffihanna
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Samhället fenomen har ingen roll att spela längre

eaglelionshark
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Nu kan både anti samhälle å samhälles krafter bara fundera kring

eaglelionshark
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Corruption is always the playbook of the people who is in power..

juandelacruz