Middle East shipbuilder Privinvest can appeal against a decision to grant immunity to Mozambique President Filipe Nyusi on the eve of a $2bn corruption case in the UK, according to reports.
Mozambique is suing Privinvest, its Lebanese-born owner Iskandar Safa and others over alleged bribes of more than $136m to corrupt Mozambique officials over a series of shipping-related investments.
Credit Suisse, one of the defendants, agreed an out-of-court deal on the eve of the trial, its new owner UBS said on Sunday.
