Mozambique’s lawsuit against Credit Suisse and shipbuilder Privinvest over the decade-old “tuna bond” scandal in London could pitch one of the world’s poorest nations against corporate heavyweights in a R28bn-plus battle this week.
The Maputo government and Credit Suisse’s parent UBS were locked in out-of-court settlement talks on Friday, according to one source in Mozambique’s attorney-general office and two sources familiar with the situation, who asked not to be named because the negotiations were confidential...
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