Mozambique: Constitutional Council Rules Secret Debt Null and Void

[Mozambique News Reports And Clippings] The secret loans to MAM and Proindicus are "null and void", the Constitutional Council (CC) ruled Friday (8 May). That means that the highest court in Mozambique has ruled that the loans and the guarantees should be treated as if they never had existed. It is an extremely strong ruling which will give essential support to the government in cases being brought in the London High Court.