Former Mozambique Finance Minister Faces US Charges in $2 Billion Tuna Bond Scandal

Manuel Chang was extradited from South Africa to the US to face charges related to a fraud scheme involving loans for Mozambique state companies.
Prosecutors want Chang detained citing his central role and potential for a hefty sentence if convicted.
Chang pleaded not guilty in federal court in New York regarding $2 billion in corruption and money laundering.
He is accused of receiving bribes during a scheme to secure loans for Mozambican companies.
Credit Suisse agreed to pay over $475 million to settle bribery and kickback allegations related to the corrupt loans.