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Home Announcements Mozambicans, this debt is not ours! We do not accept to pay!

Mozambicans, this debt is not ours! We do not accept to pay!

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Moçambicanos, esta dívida não é nossa! Não aceitemos pagar!

With the revelations contained in the indictment of the Grand Jury of the District Court of New York, United States of America, it is clear that: - The debt of more than 2 billion contracted by Mozambican companies ProIndicus, EMATUM, and Mozambique Asset Management (MAM), with state guarantees, it was not based on the national interest of guaranteeing national security through a coastal protection program. The debt resulted from a corruption scheme engineered by employees of Credit Suisse bank – the main creditor bank – and Privinvest – Mozambique's main equipment supplier in collusion with a group of senior Mozambican public officials and politicians.

To the Mozambicans, those doubly harmed by the debt and the fact that the Government has already reached an agreement on principles for the payment of the debt with gas revenues, the CIP appeals: This debt is not ours, let us not accept to pay!

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