US court acquits main defendant in Mozambique debt scandal

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US court acquits main defendant in a bribery case that plunged Mozambique into its worst-ever financial crisis

A US court on Monday acquitted the main defendant in a bribery case that plunged Mozambique into its worst-ever financial crisis following a trial in which he implicated the country's president.

The US alleged that at least $200 million of the loans was spent on bribes and kickbacks to politicians and top officials. Boustani admitted to paying millions of dollars to Mozambique officials for the equipment contracts but insisted they were legitimate fees and not bribes.Boustani was arrested in January in the Dominican Republic and sent to the US.

 

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