Mozambique - 04

Mozambique: Parliamentary Commission Questions Guebuza Over Sovereign Debt

On 28 November former President Armando Guebuza appeared before the parliamentary commission of inquiry investigating the debt incurred by public companies EMATUM, ProIndicus and MAM, which was backed by a sovereign guarantee. Notably, parliament should have provided the sovereign guarantee for the loans. Instead, it was illegally bypassed.


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