The Republic of Mozambique (acting through its Attorney General) -v- Credit Suisse International and others

Business and Property CourtsCommercial CourtHigh CourtKing's Bench DivisionJudgment

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Neutral Citation Number: [2024] EWHC 1957 (Comm)
Case No: CL-2019-000127 and 11 Others

In the High Court of Justice
Business and Property Courts of England and Wales
King’s Bench Division
Commercial Court

29 July 2024

Before:

The Hon Mr Justice Robin Knowles CBE

Between:

The Republic of Mozambique
(Acting through its Attorney General)
(Defendants in CL-2019-000817, CL-2020-000199, CL-2020-000328, CL-2020-000355, CL-2020-000404, CL-2020-000823 and CL-2021-000351)

-v-

Credit Suisse International and others
(Defendants in CL-2021-000351 and CL-2020-000243)

Credit Suisse AG
(Defendants in CL-2021-000351 and CL-2020-000243)

Mr Surjan Singh

Mr Andrew James Pearse

Ms Detelina Subeva

Privinvest Shipbuilding Sal (Holding)

Abu Dhabi Mar Investments LLC

Privinvest Shipbuilding Investments LLC

Logistics International SAL (Offshore)

Logistics International Investments LLC

Credit Suisse Securities (Europe) Limited

Mr Iskandar Safa

(Third parties)

Manuel Chang

Antonio Carlos Do Rosario

Armando Emilio Guebuza

Armando Ndambi Guebuza

Teolio Nhangumele

Bruno Langa

Gregorio Leao Jose

Isaltina Lucas

Proindicus SA
(Defendants in CL-2020-000328, CL-2021-000351 and CL-2020-000404)

and

VTB Capital Plc (in administration)

OWH SE (in liquidation) (formerly known as VTB Bank (Europe) SE i.L.
(Claimants in CL-2020-000328, CL-2019-000817 and CL-2020-000404)

and

Banco Commercial Portugues SA
(Claimants in CL-2020-000199 and CL-2020-000355, and CL-2021-000351)

and

Beauregarde Holdings LLP

Orobica Holdings LLC
(Claimants in CL-2020-000822 and CL-2020-000823)

and

Mozambique Asset Management SA
(Defendant in CL-2020-000199, CL-2020-000328, CL-2019-000817, CL-2020-000355)

and

United Bank of Africa Plc
(Claimant in CL-2021-000351)

and

Banco Internacional De Mozambique
(Claimant in CL-2020-000243)

and

VR Global partners L.P.
(Claimant in CL-2021-000628)

and

others