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Sunday, 25 June 2017

Mozambique debt probe sees $500 million in unexplained loans

Mozambique debt probe sees $500 million in unexplained loans
*Banks received $200 million in fees for the loans, Kroll says *IMF says probe necessary to start negotiating new aid program 26 June 2017, Lagos — Mozambican state companies have failed to account for about a quarter of the proceeds of $2 billion in loans being investigated, according to a report by Kroll LLC that creditors […] More »

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