Iskandar safa biography template

          Akram safa

        1. “Two of the 10 largest megayachts existing today have been delivered by us,” says Iskandar Safa, Privinvest Co-Founder, CEO and Chair, proudly.
        2. Iskandar safa net worth
        3. Iskandar Safa is the CEO of Abu Dhabi MAR, contracted to build four Sa'ar 6-class corvette warships for the Israeli Navy.
        4. SYT interviewed Mr Iskandar Safa, CEO and Chair of the Privinvest Group, to talk about the thriving Nobiskrug shipyard.

          5. Iskandar safa net worth...

          Tuna bonds

          The tuna bonds scandal (also known as the tuna bond affair or the hidden debt scandal) refers to a debt scandal where the company Privinvest and its owner Iskandar Safa are alleged to have paid over $ million in bribes to officials in Mozambique and to Credit Suisse for contracts and loans to develop Mozambique's fishing industry and improve maritime security.[1][2][3] However, later investigations discovered that the loans were backed by undisclosed and illegal state guarantees and a large part of the money was embezzled.[1]

          Between and , three state-owned companies – Ematum, Mozambique Asset Management (MAM), Proindicus – borrowed $ million from Credit Suisse and $ million from VTB, ostensibly for a project involving tuna fishing and maritime security.

          The loans were backed by undisclosed state guarantees and a large part of the money went missing.[1] A total of $ billion in hidden loans was uncovered in , whic