News

Mozambique has dropped a significant part of its claim against Emirati-Lebanese shipbuilder Privinvest over the decade-old "tuna bond" scandal, just days after settling its case against Credit ...
Mozambique's blockbuster lawsuit against Credit Suisse and others over the $2 billion "tuna bond" scandal can proceed to trial, a London judge ruled on Monday, despite complaints that the African ...
How did Tuna Bonds wreck a country's economy? : The Indicator from Planet Money Back in 2016, the economy of Mozambique tipped into crisis. The culprit was a government corruption scandal linked ...
Mozambique will pursue compensation from shipbuilder Privinvest in a London court, officials said on Monday, after Credit Suisse reached an 11th-hour out-of-court settlement on Sunday with the ...
Andrew Pearse, a former Credit Suisse banker involved in Mozambique’s “tuna-bond” scandal, was sentenced Thursday to time served by a Brooklyn federal court. Pearse has spent more than six ye ...
NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...
The Republic of Mozambique has succeeded in its lengthy $2bn (£1.5bn) High Court battle with an Emirati-Lebanese shipping company Privinvest over allegations it paid bribes in what has become ...
Ndambi Guebuza used the money to fund a luxury lifestyle, the judge said The son of Mozambique's former president has been jailed for 12 years over a vast $2.2bn (£1.8bn) fishing project scandal ...
NEW YORK (AP) — The “ tuna bond ” scandal that shook Mozambique's economy is washing into a U.S. court, where a former Mozambican finance minister is being tried on charges that he took ...
Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “tuna bond” scandal that triggered a financial ...
NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...
Mozambique's ex-finance minister gets another 2.5 years behind bars in 'tuna bonds' corruption case Former Mozambican finance minister, Manuel Chang, is seen in court in Kempton Park, Johannesburg ...