Financial Crime Financial Crime

Credit Suisse fails in bid to strike out UK 'tuna Bonds' bribery trial over disclosure fight

By Martin Coyle
  • 03 Jul 2023 12:53
  • 03 Jul 2023 12:53
Credit Suisse today failed to get UK judges to throw out a $2 billion trial brought by the state of Mozambique over allegations of fraud and bribery.
The Republic of Mozambique is suing the Swiss lender, three of its former banks and shipbuilder Privinvest over the so-called "tuna bonds" scandal,

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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