…Mozambique ex-president’s son denies enabling hidden debtMAPUTO – The son of Mozambique’s ex-president Armando Guebuza on Monday denied allegations he took bribes to facilitate a $2 billion secret government loan that plunged the country into financial crisis.Guebuza’s eldest son Ndambi is among 19 high-profile defendants facing trial in a high security prison in the capital Maputo over alleged links to a 2013 corruption case known as the “hidden debt” scandal.He is accused of receiving $33 million from an international shipbuilding group, Privinvest, to convince his father, who was president at the time, to approve corrupt maritime projects.In 2013 and 2014, three public companies secured $2 billion in state-guaranteed loans from international banks to buy a tuna-fishing fleet and surveillance ships, which they contracted to Privinvest.An independent audit later found that $500 million of the loans, which were kept hidden from parliament, remains unaccounted for.Privinvest has previously denied wrongdoing.Wearing a black coat over his orange prison […]
‘NOT GUILTY’
