Home Africa Gambia: ICSID Rejects Majority of Corral Morocco Holding’s claims. –

Gambia: ICSID Rejects Majority of Corral Morocco Holding’s claims. –

Gambia: ICSID Rejects Majority of Corral Morocco Holding’s claims. –

Africa Links 24 with Mr. Gaye TheVoice
Published on 2024-07-16 19:44:28

Rabat (MAP) – The International Centre for Settlement of Investment Disputes (ICSID) on Monday dismissed most of Corral Morocco Holding’s claims, amounting to 2.7 billion dollars, by awarding it a compensation of only 150 million dollars, or less than 6% of the amount claimed by the group, Economy and Finance Minister Nadia Fettah told MAP-Washington, underlining that Morocco, which has taken note of this award, is considering all options, including an action for annulment before the…

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