Products for EDM were charged up to 4 times above market price – CEO

The purchase of prepaid electrical meters was made by Electricidade de Moçambique (EDM) at a price four times higher than the actual price, during several years. EDM’s Chairman of the Board (CEO), Mateus Magala, further said that the company would pay double, triple or quadruple the [market] price for purchasing items as varied as toilet paper, … Continue reading Products for EDM were charged up to 4 times above market price – CEO