INTERNATIONAL - The government of Mozambique is suing the boss of a shipbuilding firm at the centre of the country’s $2 billion debt scandal for fraud, according to a court filing at the High Court’s commercial court in London.
The filing, dated July 31, gives no further details other than identifying the government’s legal representative, Peters & Peters Solicitors, and the name of the defendant, Iskandar Safa.
Safa is a Lebanese-French billionaire and chief executive officer of Abu Dhabi-based shipbuilder Privinvest, which proposed, helped arrange financing for and supplied a project in Mozambique that US authorities say was a front for a bribe and kickback scheme.
A spokesman for Privinvest said Safa could not comment on why the government of Mozambique had sought to instigate proceedings against him personally, in an English court, until he had seen the particulars of the claim.
“He does not accept that the English court has jurisdiction over him, and in any event, denies wrongdoing,” the spokesman said in an emailed statement.