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Mozambique Takes Legal Action Over $2 Billion Loans

Mozambique's Attorney General has filed a legal complaint against officials and state-owned companies involved in securing $2 billion in loans that were not approved by parliament or disclosed publicly, her office said on Monday. Investigations into the debt found that the deals violated Mozambique's constitution, the AG's office said in a statement. The alleged infringements included failure to comply with the procedures and limits established by law in the issuance of...

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