Swiss bank worker on trial over Mozambique’s ‘tuna bond’ scandal

Switzerland on Tuesday opened a money-laundering trial linked to Mozambique’s “tuna bond” scandal, focusing on a former Credit Suisse compliance officer after the responsibility of more senior bankers could not be established. Loans arranged by the lender helped push the African country into bankruptcy a decade ago, years before Credit Suisse itself was hit by… Source

Swiss bank worker on trial over Mozambique’s ‘tuna bond’ scandal
Switzerland on Tuesday opened a money-laundering trial linked to Mozambique’s “tuna bond” scandal, focusing on a former Credit Suisse compliance officer after the responsibility of more senior bankers could not be established. Loans arranged by the lender helped push the African country into bankruptcy a decade ago, years before Credit Suisse itself was hit by…

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