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The high roller caught in a net over $2 billion tuna scandal

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The son of Mozambique’s former president is one of 18 individuals appearing in court today over a two billion dollar Tuna scandal

The charges relate to blackmail, embezzlement and money laundering, with the corruption case causing donors to halt funding for the nation and send the economy into a spin.

From 2013 and 2014, three new companies took on over $2 billion of debt, with the government acting as the guarantor of the loans before $500 million went missing.

The money was allegedly used to buy a large tuna factory and a shipping fleet, in which the state was the leading shareholder.

When details of the deal became public and the government admitted the scale of the operation, Mozambique’s economy immediately plunged, triggering a financial crisis.

The country’s currency fell to record lows, inflation skyrocketed and foreign donors pulled their support.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Unpacking crypto ‘prop trading’

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What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

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The art of technical analysis

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In this episode, Cheyne unpacks technical analysis and how it can up your crypto game.

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Crypto: the benefits of government regulation

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How can government regulation lead to greater trust and interest in cryptocurrency?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne discusses the benefit of increasing government regulation in crypto.

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