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Top related persons:
Filipe Jacinto Nyusi - 2 Eduardo Munoz - 2 Filipe Nyusi - 2 Privinvest - 2 Iskandar Safa - 2 Safa - 2 Nyusi - 2 videolink - 1
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Mozambique New York City U.S Mozambican Privinvest Nyusi Paris Britain
Top related orgs:
General Assembly - 2 REUTERS - 2 Credit Suisse - 2 UBS - 2 Thomson - 2 London's - 1 party's - 1 International Monetary Fund - 1

Search resuls for: "Filipe Jacinto Nyusi"


2 mentions found


☆ Mozambique's Nyusi to blame over 'tuna bond' scandal, shipbuilder's owner says
  + stars: | 2023-10-25 | by ( Sam Tobin | ) www.reuters.com   time to read: +3 min
Mozambique President Filipe Jacinto Nyusi addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 19, 2023. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsLONDON, Oct 25 (Reuters) - Mozambican President Filipe Nyusi was ultimately responsible for the failure of the projects at the centre of the "tuna bond" scandal, the owner of Emirati-Lebanese shipbuilder Privinvest told London's High Court on Wednesday. "When President Nyusi replaced former President Guebuza a power struggle ensued between them," Safa said. "President Nyusi made deliberate decisions to undermine the projects and as a result the republic failed to take the necessary steps to monetize the projects as intended." The trial began in earnest last week after a delay caused by Mozambique's 11th-hour settlement with Credit Suisse's new owner, UBS (UBSG.S).
Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Filipe Nyusi, Privinvest, Iskandar Safa, Safa, videolink, Armando Guebuza's, Nyusi, Guebuza, Mozambique's, Sam Tobin, Rod Nickel Organizations: General Assembly, REUTERS, London's, Credit Suisse, party's, UBS, International Monetary Fund, Thomson Locations: Mozambique, New York City, U.S, Mozambican, Privinvest, Nyusi, Paris
☆ Mozambique can sue Privinvest in London 'tuna bond' case, UK court rules
  + stars: | 2023-09-20 | by ( Sam Tobin | ) www.reuters.com   time to read: +3 min
Mozambique is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others over three loans raised in 2013 and 2014, ostensibly to develop its fishing industry. In the Supreme Court case, Privinvest argued the dispute must be heard in secret arbitration proceedings. But senior judges unanimously allowed the case to be heard in a lengthy public trial in the High Court, due to begin on Oct. 3. The judgment validates Mozambique's decision to bring proceedings in the High Court, said Mozambique's London law firm Peters & Peters. The High Court ruled this month that Nyusi has state immunity.
Persons: Filipe Jacinto Nyusi, Eduardo Munoz, Privinvest, Iskandar Safa, Peters, Peters & Peters, Safa, corruptly, Filipe Nyusi, Nyusi, Helen Taylor, Kirstin Ridley, Manuel Mucari, William James, Tomasz Janowski, Alexander Smith Organizations: General Assembly, REUTERS, Credit Suisse, Peters &, Privinvest, UBS, Mozambican, Corruption, Thomson Locations: Mozambique, New York City, U.S, Britain, Court, London, Lebanon, Abu Dhabi, United States, Mozambican, Maputo
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