Mozambique Seeks Extradition of Ex-Credit Suisse Bankers

Maputo — The Mozambican Supreme Court has granted authorisation to the Attorney-General's Office (PGR) to seek the extradition to Mozambique of three bankers from Credit Suisse involved in the scandal of the country's "hidden debts", according to a report in Tuesday's issue of the Maputo daily "Noticias".

The term "hidden debts" refers to the loans of over two billion US dollars granted in 2013 and 2014 by the banks Credit Suisse and VTB of Russia to three fraudulent, security-linked companies, Proindicus, Ematum (Mozambique Tuna Company) and MAM (Mozambique Asset Management).

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