Bendler's most lucrative work appears to have on behalf of Iskandar Safa  the chief executive of Privinvest  the shipbuilding company at the centre of the hidden loans scandal in Mozambique...
	 
    
    
    
    
        
            Vol 65 No 16 | 
            - MOZAMBIQUE
 
        
        
		
        
        
    
        
	
	     Justice Robin Knowles found ‘substantially in favour' of Mozambique in its claims against United Arab Emirates-Lebanese shipbuilding company Privinvest and its late owner Iskandar Safa  which benefited from the contracts financed by the loans...
	 
    
    
    
    
        
	
	    Iskandar Safa  the Franco-Lebanese entrepreneur at the centre of the US$2 billion 'hidden loans' scandal that impoverished Mozambique and drew top state officials and Frente de Libertação de Moçambique (Frelimo) leaders into a web of corruption  died at home in France on 29 January  aged 68...
	 
    
    
    
			
        
DISPATCHES
    
		
    
        
            Vol 64 No 12 | 
            - MOZAMBIQUE
 
        
        
		
        
        
    
        
	
	     A civil case against Credit Suisse and Iskandar Safa's Privinvest conglomerate brought by the Mozambican government has run into trouble in London because top officials in Maputo don't want to make public any documents that could also implicate them in corruption (AC Vol 64 No 6  Disclosure costs Maputo)...
	 
    READ FOR FREE
    
    
    
        
	
	     Maputo has been suing Lebanese businessman Iskandar Safa's Privinvest  Credit Suisse bank  and the three CS bankers who admitted fraud and money-laundering in a US court last year...
	 
    
    
    
			
        
DISPATCHES
    
		
    
        
	
	     Now  Iskandar Safa  founder of Privinvest  says in papers filed with the court that he paid money to incumbent President Filipe Nyusi as political contributions or 'investments'  reports Bloomberg news (AC Vol 61 No 18  Credit Suisse names Guebuza)...
	 
    READ FOR FREE
    
    
    
        
            Vol 60 No 24 | 
            - MOZAMBIQUE
 
        
        
		
        
        
    
        
	
	     Star prosecution witness Andrew Pearse  the Credit Suisse banker who admitted his guilt in a plea bargain on 19 July to wire fraud conspiracy and receiving tens of millions of dollars 'knowing they were the proceeds of illegal activity'  testified that Boustani and Privinvest CEO Iskandar Safa secured lucrative maritime deals with bribes and kickbacks funded by debt bought by US investors (AC Vol 60 No 16  Guilty plea on conspiracy & Vol 60 No 21  Tuna bonds in Brooklyn)...
	 
    
    
    
    
        
            Vol 60 No 21 | 
            - MOZAMBIQUE
 
        
        
		
        
        
    
        
	
	     According to sources close to Ndambi  he spent some of 2013 living in the house of Privinvest owner and CEO Iskandar Safa in Nice...
	 
    
    
    
    
        
            Vol 60 No 16 | 
            - MOZAMBIQUE
 
        
        
		
        
        
    
        
	
	       Pearse also named as central to the affair Iskandar Safa  the founder  owner and CEO of Privinvest  which was paid directly by Credit Suisse and VTB bank for the maritime security contracts purchased with the loan money (AC Vol 60 No 2  US spears the loan sharks)...
	 
    
    
    
    
        
	
	              Navigating Mozambique's financial waters  The VTB bankers and those formerly with Credit Suisse who made the US$2 billion secret loans to Mozambique are closely tied to the Privinvest group of companies  which is owned by Lebanese shipping magnate Iskandar Safa  who is said to enjoy close friendships among the elites in France  Lebanon  the United Arab Emirates and Saudi Arabia (See Graphic  Mozambique's boats and loans)...
 Privinvest's CEO is Iskandar Safa  a controversial businessman with strong political influence in France and the Gulf (AC Vol 58 No 3  Naval deal under spotlight)...