Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case (2)

Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in a $2 billion so-called “tuna bond” scandal, after South Africa’s top court dismissed an appeal by his home country for him to be tried there.

The Constitutional Court of South Africa rejected a request by Mozambique’s government to appeal an earlier lower-court ruling that Chang should be extradited because of a “lack of reasonable prospects of success,” it said Wednesday in a judgment seen by Bloomberg and confirmed by South Africa’s Justice Ministry.

Chang has been detained in a South ...