Disappointing result. IDA remains confident it would win the case and that Tanzania would pay the $109M in full.
Even from the announcement above:If the suspension is lifted and Tanzania’s annulment application is dismissed, then the Claimants
expect that Tanzania will abide by their written undertaking to ICSID to pay the outstanding amount
of the full Award plus interest to the Claimants within 45 days.
Are they speaking through their teeth? BB has some explaining to do in Thursday's webinar.
Ann: US$90 Million Settlement With Tanzania, page-44
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