Maputo — One of the bankers involved in the scandal of Mozambique's "hidden debts" admitted on Wednesday, in a New York court, that he took at least 45 million US dollars in illicit payments for his role in arranging the loans of over two billion dollars to three fraudulent, security-linked companies, which came close to ruining the Mozambican economy.
At the time of these bribes, the banker concerned, Andrew Pearse, worked for Credit Suisse, and helped arrange the loans.
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