Russia's VTB sues Mozambique over loan in $2 billion debt scandal

JOHANNESBURG (Reuters) - Russian bank VTB is suing a Mozambique state-owned company over $535 million it extended as part a series of loans now at the centre of a $2 billion debt scandal. An online court filing dated Dec. 23 shows VTB has lodged a lawsuit in Britain's High court against the Mozambique state and Mozambique Asset Management, which borrowed the money from VTB as part of a costly project that U.S. authorities say was an elaborate front for a bribery and kickback scheme.VTB had been..