AN EX-CREDIT SUISSE Group AG banker became the first person to plead guilty in what US prosecutors called a US$2 billion fraud and money-laundering scam tied to loans to Mozambique that were used to pay bribes and kickbacks.
Detelina Subeva, 37, a former vice-president in the bank’s global financing unit, pleaded guilty on Monday to one count of conspiracy to launder funds. The US agreed to drop three other conspiracy charges against Subeva, who’s one of three Credit Suisse bankers accused of working with Mozambique’s ex-finance minister in a secret kickback scheme.
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Source: businesstimes.com.sg
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Weekly Security and Risk Report 06/07/2022
MAST’s weekly security report issue 339 is available to read now. In Maritime news, in the Gulf of Guinea, NIMASA has called for greater collaboration
July 6, 2022 No Comments
