Former Mozambique finance minister Manuel Chang's bail denied

2019-02-15 14:14
Manuel Chang, former finance minister of Mozambique, appears at the Kempton Park Magistrates court. (Photo by Wikus De Wet / AFP)

Manuel Chang, former finance minister of Mozambique, appears at the Kempton Park Magistrates court. (Photo by Wikus De Wet / AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Former Mozambican finance minister Manuel Chang has been denied bail by the Kempton Park Magistrate's Court.

Magistrate Sagra Subroyen said that releasing Chang on bail would undermine SA's criminal system.

Chang was detained at OR Tambo International Airport on December 29, 2018, while he was making his way to Dubai.

The former finance minister will now have to wait to hear whether he will be extradited to the US when he returns to court on February 26. 

The US had asked SA to provisionally arrest Chang over his alleged involvement in financial crimes totalling $2bn (R27.8bn).

The US also accuses Chang of conspiracy to commit wire and securities fraud and conspiracy to commit money laundering during his tenure as minister of finance between 2005 and 2015.

The NPA had argued that Chang was a flight risk, and would flee to his home country should he be granted bail.

The magistrate said Chang failed to prove beyond reasonable doubt that he was a suitable candidate for bail.

Chang failed to disclose his finances

Subroyen went on to state that Chang failed to disclose his finances to the court, despite serious accusations being levelled against him.

"He failed to disclose his financial records, and told the court that he only earns $9 000. But it was later found by the court, that in fact Chang has various other accounts with cash reserves in them, and believe there could be more," Subroyen added.

The magistrate also said there was some months where there was no movement in Chang's bank accounts, and questioned "how he went about his living".

She added that she noted arguments raised by Chang, including the conditions of his detention, his health and dietary requirements.

"The applicant submitted that he has high cholesterol and is diabetic. However [he] did not provide any proof of his medical condition," said Subroyen.

"The Mozambican constitution protects its citizens from extradition, and should the applicant flee the country (SA), he may not be extradited to the US to face his charges," continued Subroyen.

READ: Mozambique lifts immunity of ex minister held in SA

The former minister argued, during his bail hearing, that his detention was unlawful and that his extradition, if carried out, would also be illegal.

Subroyen said that the hearing was in line with South African Constitution, and ordered that the hearing continue to be heard under a schedule 5 offence.

"The applicant is a person of influence, and may very well have his way in returning to his home country, despite his travel documents being handed in to relevant officials," said Subroyen.

"He may be tempted to flee".

Chang also submitted that he would not afford the R200 000 bail, saying that it may exhaust his savings.

But Subroyen said that the former minister failed to make his financial standings available to court for consideration, and also took note of the luxurious trip to Dubai during which Chang was detained.

"Seemingly for his protection, the applicant played his cards close to his chest, and could have said more to exonerate himself."

Meanwhile, Mozambique has also requested that the ex-finance minister be extradited.

Five officials, linked to Chang's alleged crimes, were recently arrested in Mozambique.

Among those arrested are Gregorio Leao, ex-director of the intelligence services, and Ines Moiane, a former assistant of former president Armando Guebuza.

AFP on Thursday reported that businessman Teofilo Nhangumele, accused of introducing secret service officials to a company which went on to sell surveillance ships and a tuna-fishing fleet to the government, was also detained.

READ MORE: Former Mozambican finance minister looks for loopholes in SA legal system to get his freedom

The group is alleged to have been part of a scheme who benefited from loans from the USA, which never made it to the country's coffers, plunging it into a financial crisis.


KEEP UPDATED on the latest news by subscribing to our FREE newsletter.

- FOLLOW News24 on Twitter


Read more on:    manuel chang  |  mozambique  |  johannesburg  |  crime  |  southern africa  |  corruption
NEXT ON NEWS24X

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

 
/News
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.