Mozambican state lost EUR 645 million to corruption in 10 years

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Mozambican state lost EUR 645 million to corruption in 10 years

1:30 CAT | 25 Feb 2019

Corruption has cost the Mozambican state 46 billion meticais (645 million Euros) in the last 10 years, according to figures released today by the Central Office for Combating Corruption (GCCC) in Maputo.

The GCCC report points out that 2017 registered the worst damage so far, with 610 million meticais (8.5 million Euros) diverted from state coffers, followed by 2016, where corruption left a hole in the accounts amounting to 459 million meticais (6.4 million Euros).

Of the total diverted from 2008 to 2018, the Mozambican state recovered only 96 million meticais (1.6 million Euros).

Over the last 10 years, 1,300 people have been arrested for corruption and 8,000 criminal cases opened.

Corruption is now at the centre of public debate in Mozambique following a wave of arrests related to the ‘hidden debt’ scandal, a scheme that resulted in the contracting of public debt of more than two billion Euros outside public accounts by the previous Mozambican government.

Source: Lusa