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You are here: BAILII >> Databases >> England and Wales High Court (Commercial Court) Decisions >> Republic of Mozambique (Acting Through Its Attorney General) v Credit Suisse International & Ors (No. 7) [2023] EWHC 514 (Comm) (03 March 2023) URL: https://www.bailii.org/ew/cases/EWHC/Comm/2023/514.html Cite as: [2023] EWHC 514 (Comm) |
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THE BUSINESS AND PROPERTY COURTS OF ENGLAND & WALES
KING'S BENCH DIVISION
COMMERCIAL COURT
Fetter Lane, London, EC4A 1NL |
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B e f o r e :
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The Republic of Mozambique (acting through its Attorney General) |
Claimant |
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| - and - |
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| Credit Suisse International and others |
Respondent |
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Andrew Hunter KC, Sharif Shivji KC, Andrew Scott KC, Tom Gentleman and Emma Horner (instructed by Slaughter and May) for Credit Suisse
Timothy Howe KC and Natasha Bennett (instructed by Rosenblatt) for the VTB Capital and VTB Bank
Richard Hill KC and Gregory Denton-Cox (instructed by Macfarlanes LLP) for the VTB Bank (Europe) SE
Peter Knox KC, Ian Smith and Rupert Butler (instructed by Leverets Group) for the 3rd, 4th and 5th Defendants (the CS Deal Team)
Duncan Matthews KC, Ben Woolgar and Matthew Chan (instructed by Signature Litigation LLP) for the 6th to 10th and 12th Defendant (Privinvest and Mr Safa)
Stephen Midwinter KC and Tom Wood (instructed by Enyo Law LLP) for the Banco Comercial Portugues (BCP), Banco Internacional de Mocambique (BIM), United Bank for Africa (UBA)
James MacDonald KC and Timothy Lau (instructed by Pallas Partners LLP) for Beauregarde Holdings LLP, Orobica Holdings LLC and VR Global Partners LP
Sophia Hurst and Duncan Bagshaw (instructed by Howard Kennedy LLP) for Ms Isaltina Lucas
Hearing dates: 28th February; 1st, 2nd March 2023
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Crown Copyright ©
Mr Justice Robin Knowles CBE Friday, 3 March 2023
(10:49 am)
Judgment by Mr Justice Robin Knowles CBE
Introduction
The trial
Disclosure
Disclosure by the Republic
Mozambique,
as a State, has a structure of Ministries, Offices and Councils. These have been termed State entities for convenience. The issues in this litigation touch or are alleged to touch a large number of those State entities. Individual officials and office holders were involved at material times and some are the subject of allegations. The current President, President Nyusi, is also a party to this litigation personally. Some of the individuals, including the current President held different relevant positions at different times.
Mozambique
v Credit Suisse and Others (Judgment 6) [2023] EWHC 91 (Comm).
Peters & Peters and PGR
Results and current position
Mozambique.
Assessment
Striking out; drawing adverse inferences
Conclusions
Mozambique
Court. However, where it is proposed to exclude any relevant document that is not taken from the Main Criminal File or the Copy File but is simply a further copy of a document believed also to be on the Main Criminal File or the Copy File, then that document is to be identified and is to be the subject of an application for directions to me.
Mozambique
v Credit Suisse and Others (Judgment 4) [2022] EWHC 3054 (Comm)). If Credit Suisse or any other party requires, I will set a timetable to determine the matter of "control" with expert evidence; I shall not make a ruling on any aspect of control separately and in advance of that exercise.
Mozambique.
Closing remarks
Mozambique is always free, as I have mentioned, to make it clear to me if part of the difficulty is the President, so that I can take that into account where and to the extent appropriate, alongside all other considerations.