Mozambique's former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. REUTERS/Shafiek Tassiem/File Photo.

Former Mozambican finance minister Manuel Chang, arrested in South Africa in connection with $2 billion in fraudulent loans, submitted an urgent bail application last week, one of his lawyers told Reuters on Monday.

Mozambique’s former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. REUTERS/Shafiek Tassiem/File Photo.

Chang, who has been in custody in South Africa since Dec. 29 and denies wrongdoing, had previously dropped plans to apply for bail amid competing for extradition requests from both the U.S. and Mozambique.

(Reporting by Emma Rumney; Editing by James Macharia)