securities and wire fraud Archives - Jean-Jacques Cornish https://jjcornish.com/tag/securities-and-wire-fraud/ The low down on African affairs Thu, 14 Feb 2019 22:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/jjcornish.com/wp-content/uploads/2020/05/cropped-Fountain_Pen_favicon-812.png?fit=32%2C32&ssl=1 securities and wire fraud Archives - Jean-Jacques Cornish https://jjcornish.com/tag/securities-and-wire-fraud/ 32 32 SA denies bail to former Mozambique minister facing possible extradition to the United States https://jjcornish.com/2019/02/sa-denies-bail-to-former-mozambique-minister-facing-possible-extradition-to-the-united-states/ Thu, 14 Feb 2019 22:00:00 +0000 https://jjcornish.com/2019/02/sa-denies-bail-to-former-mozambique-minister-facing-possible-extradition-to-the-united-states/ Mozambique’s ex-finance minister Manuel Chang, who’s facing possible  extradition to the United States, has been denied bail in the Kempton Park Magistrates Court. Chang, who was arrested at Oliver Tambo International Airport last December on is way to Dubai, argues that he’s being held unlawfully held  and that extradition to the US would be illegal. […]

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Mozambique’s ex-finance minister Manuel Chang, who’s facing possible  extradition to the United States, has been denied bail in the Kempton Park Magistrates Court.

Chang, who was arrested at Oliver Tambo International Airport last December on is way to Dubai, argues that he’s being held unlawfully held  and that extradition to the US would be illegal.

Kempton Park Magistrate Sagra Subroyen says her job is not determine whether Manuel Chang is guilty of the $2-billion fraud charges awaiting him in the United States together with charges of securities and wire fraud and money laundering.

She simply has to determine whether the man who headed Mozambique’s finances between 2005 and 2015 he is a candidate for bail.

She says Chang has lied about his finances and would not be returned for extradition by Mozambique authorities.

She maintains releasing him would  undermine South Africa’s criminal justice system. 

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