Privinvest News

Mozambique Wins U.K. $3.1B Suit Against Privinvest Over ‘Tuna Bond’ Scandal

Mozambique has substantially won its $3.1-billion lawsuit at London’s High Court against Emirati-Lebanese shipbuilder Privinvest for allegedly paying bribes in relation to the decade-old “tuna bond” scandal. The southeast African country sued Privinvest and its now late owner Iskandar Safa, …