Mozambique files case against Credit Suisse in the UK
Jubilee Debt Campaign has learnt that the government of Mozambique, represented by the Attorney General, has filed a case in the UK High Court against Credit Suisse International. Commenting on…
Newcastle University takes a strong stand against secret loans
The Vice-Chancellor of Newcastle University, along with the President of the Student Union, the branches of the trade unions UCU, UNITE and UNISON, and the Chaplaincy Group have written to…
UK does not lead the world on tackling illicit finance
Commenting ahead of the first meeting of the UK’s new Economic Crime Strategic Board, Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign, said: “While welcome, today’s focus on economic crime…
What we have learned from the US indictment on odious loans to Mozambique
Yesterday three former employees of Credit Suisse were arrested in London over $2 billion of odious loans to three state owned companies in Mozambique, given in 2013. The loans were…
Former Credit Suisse bankers arrested in London over $2bn loans to Mozambique
Reacting to the news that three former Credit Suisse bankers have been arrested in London, as part of a US investigation into $2 billion of loans to Mozambique, Tim Jones,…
G20 stops short of decisive action on lending transparency
UK Prime Minister calls for implementation of 2017 guidelines But UK government itself has been unwilling to implement these limited guidelines for loans from UK-based banks and companies G20 governments…
Our view on the UK government response to our campaign on secret loans
John Glen MP, Economic Secretary to the Treasury, has replied to MPs about our campaign to stop secret loans. We are calling for measures to ensure all loans to governments…
Vulture funds and governments seek profit from Sudan debt relief
Today the Financial Times has reported that a group of vulture funds have hired lawyer Lee Buchheit to argue for debt relief for Sudan. They hope that if the North…
FCA decision to drop Mozambique investigation ‘deeply disappointing’
Reacting to reports that the UK’s Financial Conduct Authority has dropped its criminal investigation into Credit Suisse’s loans to Mozambique, Tim Jones, policy officer at the Jubilee Debt Campaign said:…
Debt Week: join the week of action!
Debt Week is a nationwide week of action against the growing debt trap faced by people, families and communities across the UK. From Saturday 27 October to Sunday 4 November…
