01021nam a2200133   4500100000800000245007200008260005900080300000800139520057800147650003300725856010900758942000700867999001300874  aAIM  aMozambique: Loans From Credit Suisse Involved Conflict of Interests  aMozambique bAgencia de Informacao de Mocambiquec2016  a3p.  aThe 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. 

  aLoans, Conflict of Interests  uiffoadatabase.trustafrica.org/iff/Mozambique Loans From Credit Suisse Involved Conflict of Interests.pdf  cNA  c972d972