Shipbuilder Denies Bribes In $2B Mozambican Fraud Scandal

By Christopher Crosby (January 21, 2021, 5:53 PM GMT) -- The owner of an Abu Dhabi-based shipbuilder has denied bribing top Mozambican officials in a $2 billion corruption scandal, claiming that the African country's leadership should be held to account if his "campaign contributions" are illegal in the U.K.

In a defense filed with the High Court in London on Jan. 15, Iskandar Safa, owner of Privinvest Shipbuilding SAL (Holding) and several connected entities, denied making corrupt payments to serving and former government officials to secure lucrative infrastructure projects.

Safa claimed that payments to current President Filipe Nyusi — the former minister of defense — former finance minister Manuel Chang and...

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