Hedge funds enter Credit Suisse bribery fight with Mozambique ...Qatar

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Hedge funds enter Credit Suisse bribery fight with Mozambique
Hedge funds VR Capital Group Ltd and Farallon Capital Partners LP have filed lawsuits against both Credit Suisse Group AG and the government of Mozambique over a $2bn debt scandal. VR Capital, which is led by Richard Deitz, and Farallon are suing the investment bank in London over its involvement in arranging loans for a series of unsuccessful maritime projects in the southern African country, according to a legal filing that’s been made available.  The two funds, which together own around $30mn of the loans, are also pursuing the government in a separate British lawsuit. The claims are the latest in a multi-year saga of legal action arising out of deals in 2013 and 2014 to raise $2bn for a

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