Abu Dhabi’s Privinvest sues Mozambique in debt scandal

  • Privinvest’s claim comes nearly two months after Mozambique named the company in a lawsuit against firms involved in arranging loans meant primarily to fund a fleet of fishing boats
  • Privinvest had signed contracts with Mozambique Asset Management, Ematum and ProIndicus — to supply ships, run shipyards and provide maritime security for the country
By Reuters ·