Mozambique: Chinese businessman charged with money laundering, allegedly cost state €12M – reports

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Mozambique: Chinese businessman charged with money laundering, allegedly cost state €12M – reports

5:02 CAT | 21 Dec 2022

File photo: Miramar

Mozambique’s Public Prosecutor’s Office in Sofala province has launched criminal proceedings against a Chinese businessman accused of money laundering in a scheme that cost the state over 862 million meticais (€12 million), an official source said on Wednesday.

Jiye Zhuo, who has more than seven companies from various sectors in Mozambique, is accused of tax evasion, said the chief prosecutor in the city of Beira, the provincial capital of Sofala, cited by daily newspaper Notícias.

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In addition to crimes of tax evasion, the businessman, who has been living in Mozambique for almost a decade, is also accused of fraudulently obtaining Mozambican nationality, and his whereabouts are unknown, according to the authorities.

Also on the list of defendants in the case being held by the Beira city Public Prosecutor’s Office is Mozambican businessman Kaman Kwan, who was a partner of the Chinese investor.

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Source: Lusa