By Paul Fauvet
Maputo (MOZTIMES) – In the latest stage of litigation over the scandal of Mozambique’s “hidden debts”, the Abu Dhabi-based Privinvest group of companies has failed in a renewed attempt to secure leave to appeal against the London High Court’s ruling in July, that it must pay billions of dollars to Mozambique.
The case became a crushing defeat for Privinvest, when the court decided that the Group and its owner, the late Iskandar Safa, had indeed paid bribes, including to the then Mozambican Finance Minister Manuel Chang.
High court judge Robin Knowles found that Privinvest paid bribes to secure contracts to supply fishing boats, patrol vessels, radar stations and other assets to three fraudulent Mozambican state companies, that were run by the security service, SISE.
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