Tycoon Gets Lift in Tussle Over $2 Billion Tuna Bond Scandal
- Safa’s company wants protection from damages if bribes proven
- $2 billion in loans were organized in part by Credit Suisse
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A French billionaire got a boost in his battle with the president of Mozambique over their roles in a $2 billion loan scandal to finance a fishing fleet that embroiled banks including Credit Suisse Group AG.
Iskandar Safa and his shipbuilding company Privinvest won a London court ruling on Friday allowing them to try to hold President Filipe Nyusi legally responsible for any damages if payments made to Nyusi were found to be bribes.