Loans: Mozambique

Home Office written question – answered on 8th February 2019.

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Photo of Dan Carden Dan Carden Shadow Secretary of State for International Development

To ask the Secretary of State for the Home Department, pursuant to the Answer of 28 January to Question 210062 on Loans: Mozambique, whether UK authorities plan to take action under the 2010 Bribery Act in relation to the allegations of K-based banks role in the $2 billion of loans to three state-owned companies in Mozambique.

Photo of Ben Wallace Ben Wallace Minister of State (Home Office) (Security)

As stated in the Answer of 28 January to Question 210062, the relevant UK authorities have considered the allegations against UK-based banks for undisclosed loans to three state owned enterprises in Mozambique and have offered assistance to Mozambique in relation to their investigations.

Any action to be taken pursuant to investigations, including under the 2010 Bribery Act, will be a matter for law enforcement authorities. The Government does not comment on law enforcement action for live investigations.

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