Lawyers representing Privinvest told the Court of Appeal on Wednesday that Nyusi had been duly notified when the court documents were left at his presidential palace in 2021.

As Nyusi only claimed immunity in 2023, "he was out of time... and that's the end of the matter," said Privinvest's lawyer, Duncan Matthews.

Nyusi's lawyer, Rodney Dixon, however, said that Privinvest was trying to strip Nyusi of his immunity because he didn't respond quickly enough to documents "said to have been left at a security checkpoint in a presidential palace".

The charges against Nyusi stem from Mozambique's gigantic lawsuit, originally filed against Credit Suisse, Privinvest and others over the tuna bond scandal.

Mozambique alleges that bribes were paid to secure favorable conditions for three projects in 2013 and 2014, including one aimed at exploiting the republic's tuna-rich coastal waters.

The lawyers representing Privinvest and its late owner, Iskandar Safa, who died on January 29, leaving his estate as a party to the case, say that the Mozambique case is politically motivated. (Reuters)