Credit Suisse will pay nearly $ 475 million to US and UK authorities to settle lawsuits related to two bonds and a loan launched by the establishment on behalf of state-owned enterprises in Mozambique, the US government authority said on Tuesday. markets (SEC).
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The deals in question, which together raised more than $ 1 billion, were used to pay bribes even as they were presented to investors as a way to finance fisheries development. tuna in Mozambique, the SEC detailed in a statement.
