Privinvest Group began arbitration proceedings against three state-owned Mozambican companies to seek compensation for losses the shipbuilder says it incurred after contractual breaches. The legal action marks a step change in Privinvest’s response to charges against employees including salesman Jean Boustani by the U.S. Department of Justice. The DOJ alleges Boustani and others stole about … Continue reading Shipbuilder seeks compensation from Mozambique over hidden-debt scandal