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Ex-Credit Suisse bankers arrested on U.S. charges over Mozambique loans By Reuters

© Reuters. FILE PHOTO: The Credit Suisse emblem is pictured on a financial institution in Geneva

(Reuters) – Three former Credit Suisse Group AG (S:) bankers have been arrested in London on Thursday on U.S. charges that they took half in a $2 billion fraud scheme involving state-owned corporations in Mozambique, a U.S. official mentioned.

The arrests got here 5 days after former Mozambique finance minister Manuel Chang was arrested in South Africa as a part of the identical legal case, which was introduced by federal prosecutors in New York. Those prosecutors will search the defendants’ extradition to the United States.

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