U.S. Seeks To Extradite 3 Ex-Credit Suisse Bankers Accused Of Fraud in Mozambique
The three were allegedly at the center of a scheme that loaned $2 billion to Mozambique for sham tuna fishing and naval projects.
by Daniella Cheslow
Jan 04, 2019
2 minutes
Updated at 10:13 a.m. ET
The scandal started with surveillance and tuna fishing, and ended with the cratering of Mozambique's credit rating. On Thursday, three ex-Credit Suisse Group AG bankers were arrested in London and face possible extradition to the U.S. on charges related to bribery of officials in Mozambique, according to The Wall Street Journal.
U.S. Justice Department prosecutors say the bankers, along with the former finance minister of
You’re reading a preview, subscribe to read more.
Start your free 30 days