Mozambique tuna bonds fiasco: Difference between revisions

Mozambique tuna bonds fiasco (view source)

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Revision as of 22:08, 31 March 2023 (view source) Amwelladmin (talk \| contribs) (Created page with "{{a\|myth\|{{disaster roll\|tuna bonds}}}}The tuna bonds scandal arose from $1.3bn loans that Credit Suisse arranged for the Republic of Mozambique between 2012 and 2016. Be...")		Revision as of 22:16, 31 March 2023 (view source) Amwelladmin (talk \| contribs) No edit summary Newer edit →
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	{{a\|myth\|{{disaster roll\|~~tuna bonds~~}}}}The tuna bonds scandal arose from $1.3bn loans that [[Credit Suisse]] arranged for the Republic of Mozambique between 2012 and 2016.		{{a\|myth\|{{disaster roll\|tunabonds}}}}The tuna bonds scandal arose from $1.3bn loans that [[Credit Suisse]] arranged for the Republic of Mozambique between 2012 and 2016.

	Between 2013-2014, three state-owned companies borrowed $2.2bn from Credit Suisse and VTB, guaranteed by the Republic of Mozambique, but without the the knowledge or approval of the government, purportedly to buy a tuna factory and a maritime security fleet, and to finance other state-owned enterprises.		Between 2013-2014, three state-owned companies borrowed $2.2bn from Credit Suisse and VTB, guaranteed by the Republic of Mozambique, but without the the knowledge or approval of the government, purportedly to buy a tuna factory and a maritime security fleet, and to finance other state-owned enterprises.