Sunday 13 July 2014

Djibouti Opposition Blames Politics for DP World Concession Row - Bloomberg

Djibouti Opposition Blames Politics for DP World Concession Row - Bloomberg:



"Djiboutian opposition leader Abdourahman Boreh blamed his rivalry with President Ismail Omar Guelleh for the government’s decision to cancel DP World (DPW)’s concession at the country’s port.



Boreh, a presidential candidate in elections in 2011, also denied any wrongdoing during his tenure as chairman of the Djibouti Ports and Free Zones Authority. Djibouti’s government accuses Boreh of misusing his position to obtain “significant personal advantages” and is claiming $150 million in damages from him in proceedings in London, Dubai, Paris and Singapore.



“The allegations against me are all false,” Boreh said in an interview yesterday from Dubai, where he lives in exile. “I have been victimized. This is a personal vendetta by the president.”"



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