A former Credit Suisse Group AG banker who admitted to his role in a $2 billion fraud and money-laundering scheme avoided prison Wednesday after cooperating with the government.

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. Pearse has spent more than six ye ...

NEW YORK — 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 triggered ...

Mozambique's ex-finance minister gets another 2.5 years behind bars in 'tuna bonds' corruption case Former Mozambican finance minister, Manuel Chang, is seen in court in Kempton Park, Johannesburg ...

A former Mozambique finance minister was convicted on Thursday on U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies ...

FILE PHOTO: The fishing fleet of Mozambique government-owned tuna fishing company EMATUM, one of three companies involved in the "tuna bonds" scandal, docked in Maputo, Mozambique, May 3, 2016.

Mozambique has substantially won its $3.1bn lawsuit at London's High Court against Emirati-Lebanese shipbuilder Privinvest for allegedly paying bribes in relation to the decade-old 'tuna bond ...

NEW YORK — The “ tuna bond ” scandal that shook Mozambique's economy is washing into a U.S. court, where a former Mozambican finance minister is being tried on charges that he took bribes to ...

The "tuna bond" scandal that shook Mozambique's economy is washing into a New York court, Tuesday, July 17, 2024, where former Mozambican finance minister Manuel Chang is on trial on charges ...