Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral resources and energy minister.

Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in the struggling African nation.

Manuel Chang will spend eight and a half years in prison for taking about $7 million in bribes and kickbacks in a loan scandal that sent the country’s economy into a crisis.

A former Mozambique finance minister was sentenced to 8 1/2 years in prison by a US judge for his role in a $2 billion bond fraud that ensnared Credit Suisse Group AG and triggered a financial crisis for the African nation.

Hundreds of supporters of Mozambique’s opposition protested as the country inaugurated a new president following disputed elections and deadly unrest

Former Mozambican finance minister Manuel Chang was sentenced to more than eight years in prison on Friday in connection with a graft scandal that sparked an economic crisis in his home country.

Mozambique's new President Daniel Chapo has been sworn in at a low-key ceremony in the capital, Maputo, that was marred by an opposition boycott following heavily disputed elections. Most businesses in Maputo were shut and the streets largely deserted after defeated presidential candidate Venâncio Mondlane called for a national strike in protest.

A U.S. federal judge said Manuel Chang betrayed his country in one of the biggest debt-corruption scandals in Africa.