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....
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