Jump to navigation

Iskandar Safa

Date of Birth: 1955


Displaying 1-10 out of 12 results.

Off the hook

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)...


Tuna bonds in Brooklyn

According to sources close to Ndambi he spent some of 2013 living in the house of Privinvest owner and CEO Iskandar Safa in Nice...


Guilty plea on conspiracy

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)...


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)...


Stalemate and stand-off

Another name that stands out on the list of payments to third parties is Palomar a company owned by Privinvest Group Iskandar Safa's parent company for his various interests in shipbuilding and naval sales...


Naval deal under spotlight

Privinvest's chief executive officer Lebanese businessman Iskandar Safa has strong links with France and CMN is a French subsidiary of Privinvest...


More guns, more secret debts

Both the Ematum accounts and 'documents relating to procurement' seen by AC show that military elements in the project consist only of three Ocean Eagle 43 trimarans bought from the Construction mécaniques de Normandie (CMN) a subsidiary of Privinvest owned by French-Lebanese businessman Iskandar Safa (AC Vol 54 No 22 The mystery ship deal)...


Sovereign default looms

Banker Andrew Pearse who had been instrumental in arranging Crédit Suisse's loans to Mozambique then left the bank to go into business with Iskandar Safa and his holding company Privinvest according to a report in the local Zitamar web-based news site...


The fishing deal got fishier

Privinvest owns 30% of Abu Dhabi Mar and its owner is Iskandar Safa the Lebanese businessman who is also CEO of Abu Dhabi Mar and believed to be a personal friend of the Guebuza family...


Displaying 1-10 out of 12 results.