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Mozambique , Wednesday 15 April 2026

Second Ex-Credit Suisse Banker Pleads Guilty in Mozambique Loan Scheme

Published on: Friday 19 July 2019

Second Ex-Credit Suisse Banker Pleads Guilty in Mozambique Loan Scheme 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.



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