Mozambique suffered huge losses due to the “hidden debts” scandal. The revelation that the government has guaranteed USD 2.2 billion in loans for questionable projects led partners to freeze disbursements, slowing growth and increasing poverty. Those responsible for the hidden debt scheme must compensate Mozambique for the damage caused by its fraudulent and corrupt transactions. The nation's best chance of recovering damages is through litigation in its own courts or in other countries with jurisdiction over offenders.
Facebook comment box
