ADVOCACY CAMPAIGN ON THE ILLEGAL DEBTS OF MOZAMBIQUE
In 2013, two London-based banks lent $2 billion to three state-owned enterprises (SOE) in Mozambique, namely Ematum, Proindicus and Mozambique Asset Management (MAM). These entities were owned by the Mozambican security and intelligence services (Serviço de Informações e Segurança do Estado, SISE). Credit Suisse agreed to make up to $850 million available for Ematum. For …
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