Mozambique to Seek Extradition of Ex-Credit Suisse Bankers Involved In $2 Billion Debt Scandal

Mozambique's Attorney General's Office said on Wednesday it will seek the extradition of three former Credit Suisse bankers implicated in a $2 billion debt scandal that sent the country's economy into crisis, Reuters reported. Andrew Pearse, Detelina Subeva and Surjan Singh, who helped arrange the loans to Mozambique, all pleaded guilty in the United States last year to charges including conspiracy to violate U.S. anti-bribery laws and to commit money laundering and securities fraud in relation to their role in the affair. Lawyers for the three bankers did not immediately respond to requests for comment or could not immediately be reached. Mozambique would now seek their extradition after the country’s Supreme Court granted approval for the Attorney General’s Office to do so, a representative of the AGO told Reuters via WhatsApp. Read more