According to the on Thursday in Federal court in Brooklyn, published an indictment is accused of fraud accused of corruption, money laundering and securities. It is a question of loans, with a total of around two billion dollars. With the money in full to development projects in the poor state had to be financed, for instance, for tuna fishing, the coastal surveillance and shipyards. About $ 200 million of the fins, therefore, however, in personal bags, and for the payment of bribes by officials. Alone, the former Finance Minister is said to have painted seven million dollars.
The three previous CS investment bankers were arrested in connection with the prosecution, also on Thursday in London. As a spokesman for the U.S. attorney's office said, which had led to the arrest, were all three released on bail. The US demand their extradition. Lawyers for the three accused were not initially be reached for comment. The Credit Suisse said that it will cooperate with the authorities. The former employees were accused to have personally, and the internal controls of the Bank bypassed enriched.
affair triggered a debt crisis
five days Ago was arrested in the same case of Mozambique from 2005 to 2015, the acting Minister of Finance, Manuel Chang in South Africa. The United States also request the extradition. Chang dismissed the allegations. As the fifth Person in the affair, a Lebanese business is accused of man to have been involved in the coordination of the development projects. He was arrested on Wednesday at New York's John F. Kennedy airport and taken into custody.
Credit Suisse and Russia's VTB Bank had granted to Mozambique in 2013 and 2014, loans of a total of two billion dollars, which were held in front of international creditors such as the International monetary Fund (IMF). As the transactions came to light, noted the IMF in its payments of Mozambique, the country skidded into a currency and debt crisis.
The indictment goes back to a study in three state-owned companies, which were established to Finance the development projects. The company should be more than two billion dollars in loans that were guaranteed by the government between 2013 and 2016. According to the charge sheet should be used, the revenue is exclusively for the Maritime projects.
"In reality", according to the lawsuit, "the defendants, the project as a Front to enrich themselves, and have intentionally diverted parts of the loan proceeds, to pay to itself, Mozambican government officials and others at least $ 200 million in bribes and kickbacks". The company came, finally, in payment difficulties.
To the indictment, in New York, because the disputed payments through the United States, and the local law enforcement agencies are responsible. The defendants had worked, neither in the USA nor in the usual way. (sda)
Created: 04.01.2019, 03:59 PM