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A Cuban pilgrim participates in the San Lazaro procession at El Rincon church in Havana, on December 16, 2022.
Yamil Lage | AFP | Getty Images
Accusations of bribery, an imprisoned Cuban bank official and Interpol all feature in a high-stakes case against the Cuban government set to start Monday in the United Kingdom’s High Court.
The legal battle is over a portion of Cuba’s unpaid commercial debt dating back to the 1980s. If Cuba loses, it could ultimately cost the island nation billions in long overdue payments — and, in a worst-case scenario, lead to the seizure of government-owned assets such as oil tankers and in-bound wire transfers.
Investment fund CRF1, originally called the Cuba…
Source cnbc.com
