See the claims that have placed Mozambique's former finance minister at the mercy of a US court

The former finance minister of Mozambique is due to appear in a US court on Thursday to face charges in a $2 billion loan scheme involving three state-owned firms.According to Reuters, Manuel Chang arrived in New York late Wednesday after being extradited from South Africa, where he was imprisoned in December 2018 on US claims of wire fraud, securities fraud, and money laundering. He will be formally charged before U.S. District Judge Nicholas Garaufis in Brooklyn at 3:30 p.m. EDT (1930 GMT). According to the prosecution, he should be held in custody until his trial, citing his probable significant involvement in the scheme and the threat of a serious sentence if proven guilty in a court file on Thursday.Federal prosecutors in Brooklyn said, "If released on bail, the defendant only has to walk into the permanent mission of Mozambique in Manhattan to potentially avoid prosecution." Chang's attorneys want to ask for his release on a $1 million bail with a $100,000 cash guarantee.