In question are two million Mozambican dollars against the bank Crédit Suisse and the company Privinvest
The High Court in London, UK, decided to continue the secret debt process that involves supplying vessels and other systems for fishing and coastal protection projects, rejecting all resources as it is unreasonable to delay the process by three years, he added. the Club Of Mozambique.
Mozambican authorities initiated a lawsuit during the past year, claiming that supply contracts were unilateral and corresponded to “fraud” or “fraud instrument” and that bribes were paid to certain officials and individuals in Mozambique, and the main seller and Privinvest negotiator.
It is not known when there will be a new hearing on the case.
Manuel Chang, the main defendant, remains in detention in South Africa. There is a request for extradition from the former Minister of Finance of Mozambique, made by the United States, which Mozambique opposes.
The other accused remain in detention in Maputo. Mozambican authorities promise that a trial will take place later this year.
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