New York — Former Credit Suisse banker Andrew Pearse told a jury in Brooklyn, New York, that he pocketed at least $45m in illicit payments for his role in the arrangement of loans worth $2bn to companies in Mozambique.

Pearse, who had pleaded guilty to conspiracy, testified that at least four other Credit Suisse bankers also took millions of dollars in bribes from shipbuilder Privinvest Group...

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