South Africa arrested Mozambique’s former finance minister on Saturday at the request of the United States.
Police said on Monday that Manuel Chang was arrested in Johannesburg.
“He is wanted by the U.S.,” police spokesman Vish Naidoo told Reuters.
The news agency quoted Mozambique’s state news agency as saying that Chang, 63, was wanted “on charges of conspiracy to commit wire fraud, conspiracy to commit securities fraud and money laundering”.
Chang was in charge of Mozambique’s finances when it guaranteed $2 billion in secret borrowing by state-owned firms in 2013 and 2014.
Simon is a renowned international journalist, founder and publisher of TODAY NEWS AFRICA in Washington D.C.