Second Ex-Credit Suisse Banker Pleads Guilty in Mozambique Loan Scheme
Published on: Friday 19 July 2019
A former Credit Suisse Group AG banker on Friday pleaded guilty to U.S. charges that he took part in a fraud scheme that involved $2 billion (£1.6 billion) in loans to state-owned companies in Mozambique and helped lead to the country's debt default.
News source: https://www.nytimes.com/reuters/2019/07/19/business/19reuters-mozambique-credit-suisse-gp-charges.html