Abu Dhabi-based shipbuilder Privinvest said on Monday it had begun arbitration proceedings to claim compensation against three Mozambican state-owned companies at the centre of a $2 billion debt scandal. Privinvest’s claim comes nearly two months after Mozambique named the company in a lawsuit against firms involved in arranging loans meant primarily to fund a fleet … Continue reading Abu Dhabi’s Privinvest sues Mozambique in debt scandal: spokesman