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Hidden Debts: Manuel Chang Seeks Acquittal From Tunabond Conviction

Hidden Debts: Manuel Chang Seeks Acquittal From Tunabond Conviction

Manuel Chang, the Mozambican ex-finance minister that a US federal jury convicted in New York last month for his role in a $2 billion debt scandal, is seeking acquittal or a new trial as an alternative.

US prosecutors didn’t prove “actionable fraud” that would support his federal-wire-fraud conspiracy conviction, according to a motion his lawyers filed Friday.

Prosecutors also failed to show sufficient evidence of a conspiracy to either conceal or promote funds that would support Chang’s money laundering charge, his legal team said in the filing.

Alternatively, the court should grant Chang a new trial, his attorneys including Adam Ford wrote.

That would extend his already years-long legal battle since South African authorities arrested him in 2018.

BNN Bloomberg

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