Defense of Manuel Chang Seeks Bail

According to a source at Chang’s law firm, the request was turned in on Monday afternoon after the defense abandoned that claim at the last court hearing on 18 January, which examined the request for extradition of former minister to the United States, where he is accused of money laundering and financial fraud.

 

Request for bail

Request for bail

The ex-government’s defense had decided to postpone the request for bail release after the South African authorities had also requested the extradition request from the Mozambican authorities.

 

In response to the two requests, the South African court in Kempton Park, Johannesburg, postponed to February 5 the decision “which of the two extradition requests – the United States or Mozambique – will merit the preference of the South African authorities.”

 

Where did the hearing take place?

Where did the hearing take place?

In the same court, the hearing is currently taking place to decide on the request for release on bail, with the defense claiming that Chang, who is a diabetic, ” needs a very strict diet and open space access for daily physical activity”, conditions he claims he has not detained in the chain.

 

Public prosecutor Elivera Dreyer testified as a witness to a nurse responsible for the clinic at the Modderbee prison, which confirmed Chang’s illness, but said the prison was able to accommodate diabetics and had drugs to provide the ex-ruler.

 

The prosecutor reiterated that she opposes Chang’s release because she believes that “there is a risk of escape”, that “the charges are serious” and that the former minister “seems to be a person with financial capabilities” who could “flee to any local “.

 

“Experience has taught us how easy it is to get fake IDs,” the prosecutor added.

 

Detained

Detained

Manuel Chang, 63, was detained on 29 December in South Africa while on his way to Dubai, in a lawsuit involving three former Credit Swisse employees and one Privinvest manager, the part of the money from the loans guaranteed by the Mozambican state in the margin of the parliament.

 

Chang, who is accused of receiving at least five million bribe, was Mozambique’s finance minister during the rule of Armando Guebuza between 2005 and 2010, the predecessor of Filipe Nyusi.

 

Then, under the heading of Finance, it was Manuel Chang who endorsed debts of more than two billion dollars secretly contracted in favor of Ematum, Proindicus and MAM, the public companies referred to in the US indictment, allegedly created for the purpose in the maritime safety and fisheries between 2013 and 2014.

 

The mobilization of the loans was organized by banks Credit Suisse and VTB.

 

An international audit, funded by Sweden, reported the lack of justification for more than $ 500 million of these loans, over-invoicing in the supply of goods and financial infeasibility of the companies benefiting from the money.

 

Mozambique’s $ 2 trillion hidden debt accounts for half the country’s total debt cost, though it is worth less than 20 percent of the total in absolute terms.


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