{"id":46084,"date":"2023-09-04T19:43:31","date_gmt":"2023-09-04T19:43:31","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules"},"modified":"2023-09-04T20:10:59","modified_gmt":"2023-09-04T20:10:59","slug":"president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules","title":{"rendered":"president Nyusi has immunity in London \u2018tuna bond\u2019 case, court rules"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambican President Filipe Nyusi cannot be sued in Britain over allegations he accepted unlawful payments in the country\u2019s lawsuit against Credit Suisse and others over the $2 billion \u201ctuna bond\u201d scandal, London\u2019s High Court ruled on Monday.<\/p>\n

The tuna bond or \u201chidden debt\u201d case has triggered criminal investigations from Maputo to New York, plus a series of linked lawsuits in London involving Credit Suisse, shipbuilder Privinvest, its owner Iskandar Safa and many others.<\/p>\n

Privinvest and Safa tried to drag Nyusi into the case, arguing he should contribute to any damages they may be ordered to pay if they are found liable to Mozambique.<\/p>\n

Their claim against Nyusi focused on payments of $11 million they say Privinvest made in 2014 to fund Nyusi\u2019s successful run for president and his ruling Frelimo party\u2019s election campaign.<\/p>\n

Privinvest and Safa argued that if the payments were not lawful and they are liable to Mozambique then Nyusi should be liable to them.<\/p>\n

However, Judge Robin Knowles said in a written ruling on Monday that Nyusi \u201chas immunity from the jurisdiction of this court whilst he is head of state of the republic\u201d.<\/p>\n

No one in Nyusi\u2019s office was immediately available to comment.<\/p>\n

The decision comes ahead of a months-long trial due to start on Oct. 3, at which Mozambique will seek to revoke a sovereign guarantee on a loan it alleges was corruptly procured and secure compensation for other alleged wrongdoing.<\/p>\n

The long-running dispute is focused on three deals between state-owned companies and Privinvest, ostensibly to develop Mozambique\u2019s fishing industry and for maritime security.<\/p>\n

The deals were funded in part by loans and bonds from Credit Suisse \u2013 since taken over by UBS \u2013 and backed by undisclosed Mozambican government guarantees.<\/p>\n

But hundreds of millions of dollars went missing and, when the state loan guarantees became public in 2016, donors such as the International Monetary Fund halted support, triggering a currency collapse, debt crisis and years of litigation.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambican President Filipe Nyusi cannot be sued in Britain over allegations he accepted unlawful payments in the country\u2019s lawsuit against Credit Suisse and others over the $2 billion \u201ctuna bond\u201d scandal, London\u2019s High Court ruled on Monday. The tuna bond or \u201chidden debt\u201d case has triggered criminal investigations from Maputo to New […]<\/p>\n","protected":false},"author":84,"featured_media":46082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,281,283],"class_list":["post-46084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\npresident Nyusi has immunity in London \u2018tuna bond\u2019 case, court rules - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambican President Filipe Nyusi cannot be sued in Britain over allegations he accepted unlawful payments in the countr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"president Nyusi has immunity in London \u2018tuna bond\u2019 case, court rules\" \/>\n<meta property=\"og:description\" content=\"Mozambican President Filipe Nyusi cannot be sued in Britain over allegations he accepted unlawful payments in the countr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-04T19:43:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-04T20:10:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1693841989.072306.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"554\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"president Nyusi has immunity in London \u2018tuna bond\u2019 case, court rules\",\"datePublished\":\"2023-09-04T19:43:31+00:00\",\"dateModified\":\"2023-09-04T20:10:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules\"},\"wordCount\":345,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1693841989.072306.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/president-nyusi-has-immunity-in-london-tuna-bond-case-court-rules\",\"name\":\"president Nyusi has immunity in London \u2018tuna bond\u2019 case, court rules - 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