The Tuna Bonds and the bankruptcy of Mozambique - VisualPolitik EN

04/09/2026 · VisualPolitik EN

Descrição

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This is the story of a fraud that has been estimated to have cost one of the poorest countries in the world its entire GDP for a year.

How did Mozambique go from being one of the most promising economies in the whole African continent to being more than US$4 billion in debt in less than 20 years? In this video, made in collaboration with Value School, we give you the whole story.

Palavra-chave: historias de moçambique

Tags: VISUALPOLITIK · ENGLISH

Comentários

@conw_y · 01/02/2022 · 👍 36

“Unlimited expectations, unbridled greed and country risk” — VisualPolitik delivers again!

@diogovaz2090 · 02/02/2022 · 👍 83

Man, I am so happy that my country is being featured in your channel. Yet, profoundly embarassed for such reasons. First and foremost, congratulations to the video. It is very accurate and I bet, due to repression, most Mozambicans have no clue of this (in such detail). Currently, it is undergoing the biggest action in Courts due to the "Hidden Debts" you should check that. Were all parties envolved are being prossecuted and, hopefully, holded liable for their criminous acts. Concerning to the queries you made on the final of the video, Mozambicans SHOULDNT pay for the debts contracted by their corrupt leaders. Specially when our former Minister of Economy, who signed and granted the Public Funds as a warrantie of payment without the Public Consultation, and even, without the Mozambican's General Assembly prior consent. There is a figure of International Public Law called "The Odious Debt" that states that a country shouldnt be hold liable for corrupt debts and bussiness made by its leaders. Check that out, could be material for a new video ;) Once again, thank you for covering this!!!

@sipsonwegner8279 · 05/02/2022 · 👍 7

as a mozambican it saddens me to see that mozambique media suppress all this

@TheRareVideosXL · 01/02/2022 · 👍 41

That's so sad.Corruption is everywhere.That's the heartbreaking truth.

@IKEMENOsakaman · 01/02/2022 · 👍 8

Wow who thought there were a connection between Tuna and Mozambique!? 😆

@ToughAncientSpark · 02/02/2022 · 👍 5

Biggest scandal Tuna Bonds. Buying shares in "valuable" artwork: " Hold my stock options!"

@todwork · 01/02/2022 · 👍 5

Smells like tuna in here

@atrakcyjnywaldemar · 01/02/2022 · 👍 20

I recommend a book The Looting Machine (by Tom Burgis) which shows how Africa has been (and still is) systematically abused in many ways.

@Byrzzaa · 07/02/2022 · 👍 3

Makes me so sad to hear over and over again about these massive frauds.

@nerdlingeeksly5192 · 01/02/2022 · 👍 4

The name itself sounds fishy, I wouldn't trust any bond named after a fish.