Credit Suisse to pay restitution as part of Mozambique tuna-sector scandal

Credit Suisse headquarters in Geneva, Switzerland

Credit Suisse Securities Europe, a subsidiary of Zürich, Switzerland-based global investment bank and financial services firm Credit Suisse Group AG, has agreed to pay USD 22.6 million (EUR 22.1 million) in restitution to 18 investors who were defrauded in what anti-corruption experts called “the most-egregious corruption offense of the decade”

Photo courtesy of Sonia Alves-Polidori/Shutterstock


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