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Mozambique: Loans From Credit Suisse Involved Conflict of Interests (Record no. 972)

000 -LEADER
fixed length control field 01023nam a2200133 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name AIM
245 ## - TITLE STATEMENT
Title Mozambique: Loans From Credit Suisse Involved Conflict of Interests
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Mozambique
Name of publisher Agencia de Informacao de Mocambique
Year of publication 2016
300 ## - PHYSICAL DESCRIPTION
Number of Pages 3p.
520 ## - SUMMARY, ETC.
Summary, etc The article describes how loans from a Swiss bank to the Mozambican state companies involved a gross conflict of interest, since the banker who organized the loans immediately afterwards went to work for the Lebanese businessman Iskander Safa.The loans amounted to over two billion dollars, and added 20 per cent to Mozambique's foreign debt, making it clearly unsustainable. The result has been a crisis in relations with the International Monetary Fund (IMF) and the group of 14 donors and financial agencies who provide direct support for the Mozambican state budget.

650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Loans, Conflict of Interests
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/Mozambique Loans From Credit Suisse Involved Conflict of Interests.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type News Articles

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