Former Credit Suisse Group AG banker Andrew Pearse told a jury in Brooklyn, New York, that he pocketed at least $45 million in illicit payments for his role in the arrangement of loans worth $2 billion to companies in Mozambique. Pearse, 49, who had pleaded guilty to conspiracy, testified that at least four other Credit Suisse bankers also took millions of dollars in bribes from shipbuilder Privinvest Group. “They all played a role in ensuring the bank made the loans,” Pearse testified Wednesday. “They provided the bank with false information about Privinvest.” Pearse is a key witness against Jean Boustani, a ... (full story)