Privinvest News

Emirati-Lebanese shipbuilder Privinvest on Tuesday was refused permission to appeal against Mozambique’s victory in a London lawsuit over the decade-old “tuna bond” scandal. The southeast African country sued Privinvest and its now late owner Iskandar Safa, alleging they paid bribes …

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, …