Tuesday, 3 November 2026
Kenyan Digest

Mozambique files case against Credit Suisse in London's High Court

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FILE PHOTO: Switzerland's national flag flies next to the logo of Swiss bank Credit Suisse at a branch office in Luzern, Switzerland October 19, 2017. REUTERS/Arnd Wiegmann/File Photo

JOHANNESBURG (Reuters) - Mozambique has filed a case in London’s High Court against Credit Suisse, according to court records.

Reuters was not immediately able to establish the details of the case on Thursday.

Credit Suisse was one of the lenders that helped arrange $2 billion in government-guaranteed loans that tipped Mozambique into a debt crisis that it is still struggling to recover from.

The global investment bank declined to comment. Mozambique’s Attorney General did not immediately respond to requests for comment.

Reporting by Emma Rumney; Editing by Mark Potter

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