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Mozambique wins $3.1bn ‘tuna bond’ lawsuit against Privinvest

The Emirati-Lebanese shipbuilder paid bribes to Mozambican officials and Credit Suisse bankers to secure favorable terms in projects designed to exploit the country's waters

By Dan Gibson | July 30, 2024 16:00 BST
Port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock
The port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock
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The Mozambique government has won its case against Emirati-Lebanese shipbuilder Priminvest, securing $3.1 billion in damages. [...]

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