- Accused killers of Siba Siba finally charged
Banco Austral head Siba Siba Macuacua was thrown down the stairwell of his 15-storey bank headquarters on Av 25 de Setembro in Maputo 23 years ago, in an attempt to cover up an IMF-imposed corrupt privatisation of the bank. Prosecution of the assassins was repeatedly obstructed, and finally stopped in 2009. The attorney general appealed, but the appeal was never heard.
Unexpectedly, and without warning, on 12 September the Appeals Court rejected the ruling of 15 years ago. The Court formally changed Benigno da Silva Parente Júnior, at the time number two in the bank, and two security guards, Jose Fogueiro Jaime Passaje and Carlos Vasco Sitoe, with the murder.
The late 1990s were a period in which the IMF was imposing the free market. Several audits shows that BPD, the People’s Development Bank, was well run. But it was state-owned so…
