Ex-bankers arrested over $2bn fraud

Three former Credit Suisse bankers were arrested in London

yesterday on charges that they took part in a $2 billion fraud scheme

involving state-owned companies in Mozambique.

Andrew Pearse, Surjan Singh and Detelina Subeva were charged in

an indictment filed in a New York court with conspiring to violate

American anti-bribery laws and to commit money laundering and

securities fraud, according to John Marzulli, a spokesman for federal

prosecutors in Brooklyn. They have been released on bail.

https://www.thetimes.co.uk/edition/business/ex-bankers-arrested-over-2bn-fraud-pfg6fpk7j