Mozambique president sued in UK over $2 billion debt scandal

President Filipe Nyusi. FILE | NATION MEDIA GROUP

Mozambique's President Filipe Nyusi is being sued in London by a firm at the centre of a $2 billion loan scandal that plunged his nation into financial crisis.

Abu Dhabi-based shipbuilder Privinvest, owned by French-Lebanese billionaire Iskandar Safa, signed contracts with Mozambican state companies to supply tuna fishing and maritime security vessels.