loading
AdvertisementX
AdvertisementX

Tuna

Former Credit Suisse banker avoids further jail time in $2bn Mozambique fraud case

Andrew Pearse, a former Credit Suisse banker involved in Mozambique's $2 billion 'tuna bond' fraud, was sentenced by a New York City court to time served

By Undercurrent News | March 10, 2025 09:49 GMT
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
Related

Mozambique ex-minister gets additional prison time for $2bn ‘tuna bond’ scandal

Port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock

Mozambique ex-finance minister convicted in US over ‘tuna bonds’ scandal

Port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock

free read Mozambique’s tuna fleet auction nears deadline amid lack of bids

Fishmeal prices steady prior to bumper Peru quota

Falklands eyes first-ever 50,000t salmon farming facility

free read Nomad reaches 100% ASC or MSC coverage on Findus Italy’s seafood

AdvertisementX

Andrew Pearse, a former Credit Suisse banker involved in Mozambique's $2 billion "tuna bond" fraud, was sentenced by a New York City court to time served on Wednesday (March 5) after providing key testimony in two federal trials, reports ICLG [...]

Want to keep reading?

Sign up for a trial to have access to our articles!

Vannamei shrimp prices in Indonesia tick up to start week 16

Vertical Oceans installs robotic gantry to land-based Singapore shrimp facility

Dubai-based firm’s Avramar deal expected to close in April

Japanese surimi industry braces for another potential Alaska pollock price hike

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.