{"id":47058,"date":"2023-09-20T18:39:14","date_gmt":"2023-09-20T18:39:14","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules"},"modified":"2023-09-20T19:01:00","modified_gmt":"2023-09-20T19:01:00","slug":"mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules","title":{"rendered":"Mozambique can sue Privinvest in London \u2018tuna bond\u2019 case, UK court rules"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique can sue shipbuilder Privinvest in Britain over the $2 billion \u201ctuna bond\u201d scandal, the United Kingdom\u2019s Supreme Court ruled on Wednesday, just weeks before a blockbuster trial begins in London.<\/p>\n

The republic is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others at London\u2019s High Court over government-guaranteed loans raised in 2013 and 2014, hundreds of millions of dollars of which went missing.<\/p>\n

Privinvest had argued that, under its contracts with Mozambique, any dispute between the parties must be dealt with by arbitration. In 2021, the Court of Appeal ruled in the company\u2019s favour, in a blow to Mozambique\u2019s efforts to recoup the money it says it lost.<\/p>\n

But the Supreme Court unanimously allowed Mozambique\u2019s appeal against that ruling on Wednesday, meaning the republic\u2019s claims against Privinvest will be heard in a months-long trial due to start on Oct. 3.<\/p>\n

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

Africa-Press – Mozambique. Mozambique can sue shipbuilder Privinvest in Britain over the $2 billion \u201ctuna bond\u201d scandal, the United Kingdom\u2019s Supreme Court ruled on Wednesday, just weeks before a blockbuster trial begins in London. The republic is suing Privinvest, its owner Iskandar Safa, Credit Suisse and others at London\u2019s High Court over government-guaranteed loans raised […]<\/p>\n","protected":false},"author":84,"featured_media":47056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,281,283],"class_list":["post-47058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nMozambique can sue Privinvest in London \u2018tuna bond\u2019 case, UK court rules - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique can sue shipbuilder Privinvest in Britain over the $2 billion \u201ctuna bond\u201d scandal, the United Kingdom\u2019s Supre ...\" \/>\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\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mozambique can sue Privinvest in London \u2018tuna bond\u2019 case, UK court rules\" \/>\n<meta property=\"og:description\" content=\"Mozambique can sue shipbuilder Privinvest in Britain over the $2 billion \u201ctuna bond\u201d scandal, the United Kingdom\u2019s Supre ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-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=\"2023-09-20T18:39:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-20T19:01:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1695220245.950473.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1077\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\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=\"1 minute\" \/>\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\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mozambique can sue Privinvest in London \u2018tuna bond\u2019 case, UK court rules\",\"datePublished\":\"2023-09-20T18:39:14+00:00\",\"dateModified\":\"2023-09-20T19:01:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules\"},\"wordCount\":167,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/09\/sm_1695220245.950473.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/mozambique-can-sue-privinvest-in-london-tuna-bond-case-uk-court-rules\",\"name\":\"Mozambique can sue Privinvest in London \u2018tuna bond\u2019 case, UK court rules - 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