Mozambique tuna-bond company is probed by Attorney-General

Mozambique’s judiciary said it’s investigating Empresa Mocambicana de Atum SA, the state-owned tuna-fishing company whose $850 million of bonds was converted into sovereign debt in April. The investigation was initiated because of reports about “possible illegalities in the constitution, financing and operation of that unit by the state,” Attorney-General Beatriz Buchilli told lawmakers Wednesday in … Continue reading Mozambique tuna-bond company is probed by Attorney-General