News

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.

Disclaimer: Fusion Media want to remind you that the information contained on this web site will not be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Forex costs should not supplied by exchanges however reasonably by market makers, and so costs will not be correct and should differ from the precise market value, which means costs are indicative and never applicable for buying and selling functions. Therefore Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur on account of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury on account of reliance on the data together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding varieties potential.



Source link

Show More

Related Articles

Trending Tickers

WISH
$9.18
27.72%
WISH
$9.18
27.72%
WISH
$9.18
27.72%
Back to top button