The other heirs to the tuna bond saga, Mozambique’s long-suffering population, could have really used the best part of $2bn around about now.

Sovereign Ratings, Probability of Default and Time to Default: Investopedia defines sovereign credit rating as, ‘independent evaluation of a country’s creditworthiness which help investors assess ...

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 — 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 ...

Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case By: Philip Marcelo, The Associated Press Posted: 8:30 AM CST Friday, Jan. 17, 2025 Last ...

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 ...

The 24 vessels at the heart of Mozambique's $2 billion fraud scheme, known as the "tuna bonds" scandal, are set to be auctioned off, reports Bloomberg.. The fleet, which was purchased in 2013 and ...

A former Mozambique finance minister was convicted on Thursday on U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies ...

Mozambique has substantially won its $3.1bn lawsuit at London's High Court against Emirati-Lebanese shipbuilder Privinvest for allegedly paying bribes in relation to the decade-old 'tuna bond ...

NEW YORK — 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 bribes to ...