This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

VTB Capital wins $352 million restitution in US 'tuna bond' case

( May 16, 2025, 20:25 GMT | Official Statement) -- MLex Summary: A US judge has awarded $352.2 million in restitution to VTB Capital for losses incurred in an investment fraud tied to maritime projects in Mozambique that became known as the "tuna bond" case. The judge today directed US prosecutors to file proposed restitution orders for three former Credit Suisse bankers who pleaded guilty to their roles in the fraud, and for a former Mozambican minister convicted at a trial last year.Document attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections