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MOSCOW (Reuters) -A Russian court has frozen 80.7 million euros ($86.2 million) in securities owned by Germany's VTB Europe, a former subsidiary of Russia's VTB Bank, which was taken over by the German government last year, VTB said on Tuesday. VTB said the decision had been taken due to a lawsuit in which it was seeking 112.6 million euros from VTB Europe. ....
A former Mozambique finance minister pleaded not guilty to US criminal charges over his alleged involvement in a fraud involving $2bn in loans to three state-owned companies. ....
A Mozambican court on Wednesday found a former president's son and 10 other people guilty on charges related to a $2 billion "hidden debt" scandal that crashed the southern African nation's economy, sentencing them each to more than 10 years in prison. ....