Thursday, December 9, 2010

A wikileak on Maputo

The source elaborated on the depth of Guebuza's  business interests, which range across the economy. He said that Guebuza is in on almost all of the "mega-project"  multi-million dollar deals via contractual stipulations to  work with the Mozambican private sector. One example is  Guebuza's involvement in the 2007 purchase of Cahora Bassa  Hydroelectric Dam (HCB) from the Portuguese Government for  $950 million. $700 million of this was paid by a private  consortium of banks, which was arranged by a Guebuza proxy,  for which Guebuza received, while he was a sitting president,  an estimated commission of between $35 and $50 million. The  Portuguese bank which arranged the financing turned over its  shares in BCI Fomento, one of the largest Mozambican  commercial banks, to a Guebuza-controlled company.(This Site)

0 comentários:

Post a Comment