shirt you wear this and you don't have to say a word. you just send out the vibes of devi, gottshal, it's even crossed the atlantic from argentina, italian captain, ga coline admits he put the kitty coach of course on the english team. so it would miss a penalty that cost at the 20200 come good quadrille madness. so with the rationale that we consulted psychoanalyst marcella, helpful and i did dinner very. she has ancient route. well, it has to do with richer, while magical thinking that occupies our rational mind is the more you suffer more the more intensity of believed in it. the woman thought, he adds that in argentina, football is a religion for and like all religions here in argentina, football and its cavellas, however irrational, are safe to see a newman al jazeera window situs. ah,

the headlines on al jazeera had came jeffrey's, we'll replace nancy pelosi as the democrats leader in the us house of representatives. he will become the 1st black person to lead a major party in congress. highly. jo castro has more from washington, and we can start what he is now, the new leader of the democrats in the house of representatives. he is a 52 year old congressman from new york. he describes himself as a prob, progressive black representative, and he has strong ties with the democratic establishment as well. this is a moment that had long been seen coming. jeffries had been serving in another leadership role in the u. s. house since 2019, and his election that just happened minutes ago was unanimous. at least 15 people have been killed in a bombing in northern afghanistan, had happened that a religious school in a back, the capital of some mangan province. no group has claimed responsibility for

chinese president jenkins amend has died. he was 96. he rose to power just after the tenements where protest serving as president from 19932003 young as seen as one of the architects of china transformation to a global power magnitude. 5.6 earthquake has been felt in southern iran and neighboring us. it was centered 88 kilometers northwest of rasa came mind the united arab emirates, iranian state media says, rescue teams have been dispatched. there are no reports of death. germany has announced plans to increase immigration, the government estimates it needs $400000.00 skilled workers a year to cope with an aging population. with key industries are facing major shortages of workers saying they will need 7000000 employees by 2035. a draft proposal has been adopted, but opposition within the government remain strong. nato has discussed sending more air defense systems to ukraine. it was part of

a meeting in romania where the alliance also pledged to support the rushes neighbors. moldova, georgia and bosnia and herzegovina, japanese and american pharmaceutical companies have published results of a trial which show a new drug can slow down cognitive decline and alzheimer's patients. the drug called cannon map was tested on about 800100 patients, people with early stage alzheimer's. but it can also cause serious side effects. those include a higher risk of brain hemorrhage. those are headlines on al jazeera next inside story. ah, it's a financial scandal that crashed mozambique economy. a court has now begun to deliver

its verdict against mine, team, former officials, who are accused of crimes that include money laundering and bribery. so how will a nation move on? can it move all this is inside story. ah, ah, ah, hello, welcome to the program. i'm adrian finnegan. it's become known as the hidden debt scandal. that is one of the biggest corruption cases on the african continent. the century, a court in mozambique has begun to deliver its verdict, which is expected to take 5 days in the trial of 19 people who are accused of a wide range of financial crimes in connection with the 2 $1000000000.00 scheme. the defendants, a mostly former senior government officials, including the song of an ex president, will bring in our guests in just

a moment. but 1st, let's take a closer look. at this case, the accusations relate to a number of deals made in 201320143 state owned farms borrowed more than 2000000000 dollars, arranged mostly in secret, with the help of the investment banks, credit suisse and beat he b. they said it was to help build a new fishing fleet, but instead it was spent on military gun ships, while hundreds of millions of dollars were reportedly paid in kickbacks. those accused of benefiting include senior politicians and a 5th source in mozambique and european bankers. when the scandal emerged in 2016, the i m f and world bank suspended funding to mozambique that triggered a sovereign debt, the fault, and the currency. the medical collapsed. the economic fallout has pushed an estimated 1900000 people in mozambique into poverty. ah, so let's bring an,

i guess for today's discussion, they're all joining us from mozambique from the potto of a joint by at least number 80, who is the founder and executive director of an organization to social change in mozambique, cold and wet he from that matter myo in mozambique. fernando lima is the founder of media cooper. the 1st independent bows and b can media group and an investigative journalist. and again from a poto borges, let me take a researcher at the anti corruption nonprofit watchdog public integrity center. a warm welcome to you all. denise will start with a deceptively simple question. are on a discussion around an incredibly complex topic here of a feeling that wherever we start this discussion, it will be the wrong place to solve. we've got to start somewhere. how did this scandal come to light? and the scandal come to light in 2000 came to light in 2016 when the wall street

journal. i decided to publish a story on the, on the frauds 3 recently created companies for, from us and big contract at $2400000000.00 that to be at credit suisse, who are wrenched with investors in the us. and as far as we know, the investors in the us and started a car, but they, they denounce the their fraud to the pattern of justice, u. s. department of justice who started investigation. and part of that during that investigation wall street journal had access to information and they basically disclosed all the fruit before that no one knew anything about it. it had been kept secret. and in fact, we knew as the budget monitoring foreign, we knew about de mer to learn. we knew about the $850000000.00 loan because it

was a included in the budget in the state budget. and at the time we were analyzing the state budget and we question the minister of finance and budget committee from the parliament about that amount in the budget at the time it was said was that it was meant for fishing, fishing boats, and for the fans and the money was split into portions for fishing, put in the fence, so we knew about $1.00 of the loans, but not about the the other 2 loans, the man and the printer because long and nobody's model right? is, are right. no, yes, you're right. ok. fernando. there are 19 defendants in this trial who's in the dock of the right people been charged and will civil society, mozambique get the accountability, the justice, the reserves, hello. it's him. so eventually not everybody will, will be on trial or will be sentenced. but yes,

a number of significant people involved and is so crowded is based chat at, at this trial and use involves people related to former president at the top people at our security team. and they all are the people that were cooperating. we does camp related to the monies that were brought from credit suisse and bt be ban russian russia back. so to what extent will a verdict mean that but, but some people who are involved in this scandal get away with it and will that be enough to satisfy civil society there in mozambique? well, according to what civil society already express been made, public, not at all,

because the position of civil society organizations related to the state yet should be reimbursed for all the all the damage that have been caused to them wasn't because the state and so at this point would have been recovered from those loans are related. so what does people have bought with the money's they got from, from gives the lebanese a company based enough would be. so this is just the about 10 percent of the all the money you both. we choose to point to bill in your us dollars. so a minimum amount of the dose money is in bobbie does scandal have been recovered or are they should be to be, to be recovered? not de large about all fall of the money, but at the same time,

there is an action now being yet being placed in london. and eventually does state could also recovered money related to debt from privy invest, which is the company involved in a product and also from the banks involved in the prod which are, again, credit suisse and b, b, b, or his, as i said at the beginning of the program, the court has begun to deliver its verdict. how fair was the trial? can we be confident that justice will be served in this case? is there any reason to doubt the independence of the court? i think it is in dependent enough brought before the court pupil was very important to them. b, i understand that some people are questioning how the court, depending is the question about that as

a system in somebody's back put this case, we think this presidents as being deprived also the former head of the service, big try it. and at the top of the government. so the court and the issue have been open to discuss that in court. and good judging, decided to broadcast live at the trial so that everyone can watch it. facebook page from when they read you a tv. but this is not, they're not quite the people who are big, it's why i'm not the top lead that i'm not the why would decided to contracted that, but from a president gib was that was the ad linda condra. when did that has been constructed here? not been tried and never, not even in that. and also the current president,

will it be noisy? it was the meaning of a debit and had a lot do with that also has not been brought before the court. so why i believe at this is the independence and the important trial. some important bush. we said at the beginning of the program that, that this loan deal was kept hidden from parliament. why were the justice system and parliament unable to oversee the actions of the executive in the 1st place that in most m. b, when this original loan was, was taken out, why did most and beaks checks and balances fail. it's simply because not going to be in the gym where it is, it could get power a perio and sometimes the controls power did just send the problem. it's simply like that as president at that time will tell

dad. and if he's the ruling party members, the problem ignored it to happen at the indeed in 2015 when their parliament decided to like a lie which level. so it did in did the region, the re jim, in our control, the added to race to pick up on, on, on that point for me. why this original loan deal was kept hidden from parliament? why wasn't the i m f notified about it? i mean it, doesn't, this in itself proved criminal intent? yes, it does prove giving a tent and a think. i'm at the fact that for my minister finance minister, a still arrested in johannesburg, a waiting for the decision of the courts about his, his tradition to mozambique i that was a vehicle to denied states equally a. it's a clear indication of cleaner intent, and i think that has budget

a saying the fact that we have an or to returned regime, which actually makes the parliament the majority of the parliament is made of the ruling party which doesn't allow any independence and neutrality. and neutrality in the rulings of the parliament. so it gives all their opportunities for a legal dad to be contracted yet in mozambique, not only these that but we still see that being contracted in mozambique without the approval of the parliament that still happening and are fortunately a system and not yet in place to prevent to provide full transparency for media and for civil society to scrutinize on, on the dads that are contracted public, that spaces specifically that are contracted by the government. so if what he's saying is far from throwing things wide open, the scandal has actually had the opposite effect in the it's reduced democratic activity. the in mozambique started become more authoritarian as it tries to cover

up attractions. yes, it does, it does. and we feel that as somehow we feel that donor supporting more than we can now, going back to the state budget, they're going back to supporting a, the government of mozambique with funding without some minimal conditions of transparency and accountability being introduced in our financial, public financial system which means that we will continue to contract that legally for under um, who benefited from this this $2000000000.00 loan, which was meant to be for more of a fishing fleet except for bribes. very little of that money actually went to mozambique to yet that, that dead. so just because all the materials that were supposed to arrive, it was a b and to be being used. for example, why there are but forces by security forces day are damaged,

not working. does surveillance systems are not, are not working so, ah, and according to an audit that have been done on materials provided was a big state. it seems that it was part of the scam not to provide proper equipment to most a big so most of beak was deceptive on, on, on different grounds. not only did not receive the proper equipment that have been promised to the country. ah, the prices were as candle as the so all but periods and equipments were overpriced. a lot of people benefit from the scan in terms of bribes. when i'm saying a lot of people, people outside of the government,

including swiss bank officials, data have been met. right. by the, the invest the lead buddies company and are the people that we as borges said before, we don't know to what extent de benefit from diseases can named people redeem the for illegal party, which is the real big party. and the government was a big so we do not know yet what extent were either beneficiaries and there were other damages that had been committed against them. was a began states given that, but i don't and picking up on something that you were talking about a few minutes ago. what hope then is there of mozambique recovering any of this, this stolen money, which in many cases already been converted into other assets like property a yes, was a big is big, very active, recover those moneys. but as i emphasize before,

this is a little portion of that, and i o dad to the most and begin stage with beer, should do show legal actions in the car to the court of london. they will manage to extract from by credit suisse. and from that, from breathing best, the company that provides all the materials, some additional money is related to all that discount. so this trial that we are talk about ear is just a small portion of don't all candle. and of course, in london, we have also a situation in which most a big was a big state middle tried to not pay back the credits and the loans they got from the 2 bank simple in the us, cap bush is what, what damage has this done?

to most on beaks, international standing and reputation. a lot, i think it was, i mean, we'll never cover at all the damage, the damage to it is something that we're picking to nourish and quite a bit differently. so by talking about the american damage, which is better. hi, where that done, which i did. but a couple of years ago concluded that at 2201911 be the was the economy of them. is it more than be ad got confronted? but despite their demi damage in terms of the game, as they said, it has done a lot to government tried to resolve this situation and by

dining could have done to sit been a figure of speech after enough bread. and so all this kind of damage has been creat, did already related to that. also, if we look to, to grow by the end of the democrats, the at we've done human rights in that has been discovered was that the muslim league is folly. and this pulling a lot, and the report that this with at that is the m, i kind of georgia tech hasn't said in tv. look when i go to add to do. but this is what i am asked. oh, look. yeah, i rather than the kid didn't do that to me at my service. when i meet someone, what does that look about? it? i would talk to the muslim be not that how is that guided more than because how would the muslim be? so this is something that you will never will never cover. maybe in the next 50.

denise, as the founder and executive director of an organization that campaigns for social change in mozambique. i want to ask about what impact this is had on ordinary people there when the scandal 1st came in to light the currency half in value against the us dollar. as we said, the m f drew its port. how's that impacted the economy, the financial health of its people? what impact as it had on public spending? lot. it has been tremendous immediately after the disclosure of the of the of the loan says he said that donors withdrew from the state budget and that led her mozambique the government to implement austerity measures and cuts were made to the . busy us health, education, water sanitation sectors and that had that the right impact in how people access

medication. you know, how they access medicine, how they access health services. or we have seen that been health network and a health education network. hell has become stagnant since the discovery of this. busy disclosure this loans and, and, and above all, i think the impact has been in the pocket of the citizens. the economic impact has been tremendous because, and we have seen from the, from the sense to govern, so 17, that investors i think in twice before investing in mozambique. that means it affects the fiscal space of the country for development, for investment. so at ad there wasn't, we can say there had there being penalized twice, one ah, one for you know, having, having to leave day that by day with the impact of the legal depths and twice by

you know, having to pay for their. and so they much loan which is being paid every 3 months. and in addition to that, the economy is stagnant. they commonly got to me is not growing means, and it has a tremendous impact in the seats and ok for us to, to 1000000 people. additional people pushed into to, to poverty that has to lease was saying that loan, the still lease we paid it hasn't gone away. is it going to be forced to continue servicing that debt, plus an additional cost and we want for the damage. is that going to cause to actually get married? it's betty betty difficult. so now you add that's why i was saying the government to decide that the strategy who also

raising doubts about pay back debt, debt, debt impact. unfortunately, the government is already paying the money's involved in emma to devote devote companies so that the tuna fishing company is not working. never worked bunch because they are private, the best as bailey investors in united states to borrow in those bonds of fall of the to the fishing company, most of began administrator finance is paying back yet, but tickler lo, what is not being paid up to now is the loan for the company that was providing all the equipment for security purposes and another

company that was involved being that you're ethically, assuming the maintenance of all the security is security equipment. so yes, this loans are still pending on the most because people on the gulf, but it was a big but i hope that will never pay part of that low for her. something like this happen again in most i'm big, is it? is it happening again and what about elsewhere in africa, other enough checks, balances and transparency in the system to prevent something like this happening again and puts not did, did yet to do something might happen again and then be and sounds good. it may be is happening maybe in a couple of years when the government of president no one needed the power. we'll see it that said it's more in depth. and because that problem, it's not been talked with been trial, which is the best trial and it's not final,

this isn't going to take, but also we did that people contracted that they are proud of that one is that from a prison with that id, say, then he keeps saying, i couldn't do it again because i did need to for my country, but people, they feel they have done that. right. and why does limit keep it on power and why did it continue? i did something a bit to might happen again. but the question, the point in it, i think you will go to come to kind of, we see a did that company that approach that you haven't government to try to give them, but they have it. so we everything down there from, i mean to start off by now in that did it at that time as to what questions about what it was, how big, what, how, how okay, bed it could be to have conquered a different country to country. ok. the,

i'm afraid we must end the discussion. thank you all for being with us today on inside story and as always, thank you for watching. don't forget you can see the program again anytime by visiting our website at 0 dot com so. so the discussion join us on our facebook page, you'll find that at facebook dot com forward slash ha inside story. and you can join the store, the conversational twitter handle at a j inside story from me, adrian setting up the whole team here. and thanks for watching to see you again by the ah

ah ah mama uprising in peter movements that takes place in kenya. standing up

aghast. the british demanding return of felons, newly deacons. if i documents sign a light on prisons colonial past, there is systematic torture. a reign of terror in these count major human rights abuses. how was this happening? a very british way of to a chance. a wanted only to deny on al jazeera, a weekly look at the world's top business stories from global markets to economies, and small businesses. to understand how it affects our daily lives, a $150000000.00 are counting the cost on al jazeera ah .