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Tuesday, 21 February 2017

DP World wins tribunal case against Djibouti over bribe case

DP World wins tribunal case against Djibouti over bribe case:

"DP World has won an arbitration case against the government of Djibouti, which claimed the Dubai ports operator made illegal payments to win a concession to operate a container terminal in the Red Sea African state.

A London tribunal ordered the government to bear legal and other costs, throwing out claims that DP World had bribed Abdourahman Boreh, the former head of Djibouti’s ports free zone authority.

Despite the ruling, the Djibouti government’s attitude to the Dubai government-controlled company’s operations remains unclear."



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