JOHANNESBURG (Reuters) - The Mozambique government is looking to withdraw its guarantees on $ 2bn of debt for state - run oil company Proindicus and has brought a case against Credit SA and other creditors to London 's High Court . The company 's debts contributed to a financial crisis in the country , Prime Minister Carlos Agostinho da Rosario said on 13 March . Credit Suisse has not yet been served a legal complaint , a spokesperson said .
The Mozambique government is looking to withdraw its guarantees on $ 2bn of debt for state - run oil company Proindicus and has brought a case against Credit SA and other creditors to London 's High Court . The company 's debts contributed to a financial crisis in the country , Prime Minister Carlos Agostinho da Rosario said on 13 March . Credit Suisse has not yet been served a legal complaint , a spokesperson said .