The Abu Dhabi-based Privinvest group has failed to obtain permission to appeal against the decision of the High Court in London, which in July ruled that the company must pay billions of dollars to Mozambique. The High Court judge, Robin Knowles, concluded that Privinvest paid bribes to secure contracts to supply ships...
The British courts have forced the shipping company Privinvest, involved in the hidden debts case before the High Court in London, to advance 20 million dollars as a deposit to the court in favor of Mozambique. The decision comes in the context of the implementation of the judgment handed down on July 29. In the same context, Judge Robin...
The Privinvest Group must reimburse the Mozambican state a certain amount on account of the damage caused by the hidden debts. In fact, the London Magistrates' Court in England has scheduled a hearing for September 18 and 19 to discuss and determine the amount to be paid to Mozambique. Among other issues,...
A document presented this week by US prosecutors during closing arguments in the trial of former Mozambican Finance Minister Manuel Chang in Brooklyn, New York, revealed that there was an "ambitious business plan" between Privinvest, the Guebuza family and other important state officials at the time. According to information released by the Center for...
Just as the information about the return to the Mozambican state of the seven million dollars disbursed by Privinvest to bribe Manuel Chang, the former Minister of Finance, was not in the public domain, information was concealed that, in fact, this amount was not returned by Manuel Chang, as the Deputy Attorney General recently revealed...
Privinvest has expressed its willingness to sue the President of the Republic, Filipe Nyusi, after the end of his term in office, as it considers him to be a responsible party in the hidden debts case. "Privinvest will pursue these actions vigorously when he leaves office in January. This reflects the fact that the English judge recognized that...
Former Finance Minister Manuel Chang confessed to receiving seven million dollars in bribes from Privinvest. To this end, Chang also agreed to return the money to the Mozambican state, an act that played an important role in the London court ruling in favor of Mozambique. Speaking yesterday at a joint press conference...
Last week (the 7th and 8th), the lawyers for the shipping group Privinvest submitted an appeal to the London court to revoke the diplomatic immunity of the President of the Republic, Filipe Nyusi, so that he could answer questions about the Hidden Debts case, namely the bribes he received to finance his political campaign in 2014. In...
Lawyers representing Privinvest told the Court of Appeal on Wednesday that Nyusi had been properly served when 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...
The lawyer for the Privinvest group and its owner Iskandar Safa, Duncan Matthews, believes that the current Prime Minister of Mozambique (former Minister of Economy and Finance), Adriano Maleiane, should be heard in the Hidden Debts case. In addition to Maleiane, the current President of the Republic, Filipe Nyusi, would have some say as he was Minister of Defense...