Jump to navigation

Iskandar Safa

Date of Birth: 1955


Displaying 1-10 out of 17 results.

Privinvest on the hook

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...


Hidden loans kingpin dies

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

Manuel Chang hears the extradition bell

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

High courts and hidden loans

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...


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...


Displaying 1-10 out of 17 results.