Manuel Chang (Chinese: 曼努埃尔·郑;[1] born 22 August 1955 in Gaza Province) is a Mozambican economist and former politician of the FRELIMO party.
[3] Three state-owned Mozambique companies were created to exploit the county's marine resources; Proindicus was to perform coastal surveillance, Ematun was to engage in tuna fishing and MAM was to build and maintain shipyards.
[4] Debt problems began in 2013, when the Abu Dhabi-based shipbuilding and offshore construction company, Privinvest, obtained a $366 million contract with Proindicus, financed by IMF loans.
[6] As Finance Minister Chang confirmed to Swiss bankers that proceeds from a state loan should be paid to a commercial broker instead of to the Mozambique Central Bank.
[5][6][9] Chang was arrested in December 2018 in South Africa for his part in diverting loan funds, based upon an indictment in the United States.