(Yuki Iwamura/Bloomberg News) Andrew Pearse, a former Credit Suisse banker involved in Mozambique’s “tuna-bond” scandal, was sentenced Thursday to time served by a Brooklyn federal court.

NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that ...

A former Credit Suisse Group banker who pleaded guilty to engaging in a $2 billion fraud and money-laundering scheme in Mozambique avoided ... became known as the tuna bond scandal for its dubious ...

Worldcategory· January 17, 2025 Mozambique ex-finance minister sentenced in US to 8-1/2 years in prison over 'tuna bonds' scandal A former Mozambique finance minister was sentenced on Friday to 8 ...

The UK’s financial sector regulator banned two former senior bankers at Credit Suisse Group, who pleaded guilty in the US to being part of bribery in the $2 billion bond fraud in Mozambique.

Mozambique’s dollar bonds fell for a sixth straight day amid political violence and uncertainty over over a pending International Monetary Fund deal. The $900 million of notes due 2031 slid 0.2% ...

LONDON (Reuters) - Two former Credit Suisse managing directors have been banned from the UK financial services industry after they pleaded guilty in the United States over their role in Mozambique's ...

who pleaded guilty in the US to being part of bribery in the $2 billion bond fraud in Mozambique. The Financial Conduct Authority banned Andrew Pearse, who admitted to wire fraud, money laundering ...

Andrew Pearse was sentenced on Thursday in federal court in Brooklyn, New York, over what became known as the tuna bond scandal for ... tied to three loans for Mozambique. Hundreds of millions ...

(Bloomberg) -- The UK’s financial sector regulator banned two former senior bankers at Credit Suisse Group, who pleaded guilty in the US to being part of bribery in the $2 billion bond fraud in ...