Mozambique’s government owes central bank over $600 million – auditors
Auditors say government is obliged to compensate central bank over forex movements
External auditors expressed “reservations” about the Bank of Mozambique’s 2019 financial statements, saying the government is not paying a $600 million debt to the central bank.
The criticism follows “adverse opinions” issued against the 2017 and 2018 statements by two other firms.
The Bank of Mozambique (BOM) published its 2019 financial statements on its website on January 18. The statements included a letter from the Mozambican office of BDO, a global accountancy firm based in Belgium.
BDO
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