Former Credit Suisse Banker Pleads Guilty in Alleged Mozambique Bribery Scheme

The U.S. Justice Department took a win and a loss this week in its prosecution of an alleged $2 billion corruption scheme in Mozambique that destabilized the impoverished country’s economy.

On Monday, a former banker at Credit Suisse Group AG became the first person to plead guilty in the case brought earlier this year by federal prosecutors in New York and Washington, D.C. Less than 24 hours later, South Africa’s justice ministry rejected the Justice Department’s request to extradite another defendant in the case—Mozambique’s…