A federal court in Brooklyn, New York, has ordered $352 million in compensation to be paid by Mozambique’s former finance minister and three former Credit Suisse bankers to Russia’s VTB Group, which was recognized as a victim in a major fraud scheme involving members of Mozambican President Armando Guebuza’s family.

Axar.az reports, citing Moscow Times, African officials and bankers were involved in a corruption scheme linked to Mozambique’s 2014 issuance of $2 billion in government bonds — an amount that exceeded 12% of the country’s GDP. The funds were raised under state guarantees for projects including tuna fishing, coastal security, and shipyard construction. However, $500 million of the loans disappeared without a trace, $200 million went to banking fees, and part of the funds were used for kickbacks to former Credit Suisse employees and bribes to Mozambican officials. Russia’s VTB Bank was one of the largest investors in the program.

The financial architects of the scheme were bankers from Switzerland’s Credit Suisse. Together with the Mozambican government, they misled investors, violating the Foreign Corrupt Practices Act (FCPA) by hiding the true scale of Mozambique’s debt and the high risk of default — which ultimately occurred in 2016.

Judge Nicholas Garaufis noted that VTB was not a participant in the scheme. On the contrary, Chang and his accomplices “fraudulently convinced VTB to issue a $1.2 billion loan” to two companies linked to the projects in Mozambique. Although Russia’s VTB Bank is under U.S. sanctions, the judge ruled that “this does not deprive it of the right to compensation,” since it was a victim of fraud.

The trial over Mozambique’s “tuna bond” scandal has also ended with prison sentences. Ndambi Guebuza, the son of Mozambique’s former president, was sentenced to 12 years in prison. The same sentence was handed down to two former intelligence chiefs: Gregorio Leão and António do Rosário.

“The consequences of this crime will last for generations,” said Mozambican judge Efigênio Baptista, adding that Ndambi Guebuza used the stolen money to pay for luxury goods.

As a result of the trial, former head of Credit Suisse’s global financing division Andrew Pearse must pay $264 million, while his subordinates Surjan Singh and Detelina Subeva were ordered to pay $35.2 million and $10.6 million, respectively. All three bankers pleaded guilty and were arrested.

Chang must pay $42.2 million to the state-owned bank. He was found guilty of fraud and sentenced to 8.5 years in prison in the U.S.