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…
In November the IMF agreed a new $172 million loan programme with Sierra Leone, spread over the next 3 and a half years, until mid-2022. At the same time, the…
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…
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…
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…
This is a guest post by Sunit Bagree, Senior Campaigns Officer, Action for Southern Africa (ACTSA), based on a talk given at the Jubilee Debt Campaign event ‘Breaking the chains: 1998…
Leading civil society organisations in Mozambique have launched a scathing attack on the UK’s Financial Conduct Authority for dropping its criminal investigation into Credit Suisse over secret loans given in…
• People of Mozambique to pay $1.7 billion to $2.2 billion on original loan of $760 million, which was not agreed by Mozambique parliament, and which has been of no…
• O povo moçambicano poderá pagar entre US$ 1,7 bilhão a US$ 2,2 bilhões por um empréstimo original de US $ 800 milhões, sem o escrutínio da Assembleia da República,…
• Restructuring of Glencore loans reduces interest rates and extends maturity by four years • IMF accepts minimum needed to make debt ‘sustainable’, while country remains at high risk of…