ICSID tribunal suspends proceedings to investigate corruption | Practical Law

ICSID tribunal suspends proceedings to investigate corruption | Practical Law

In Niko Resources (Bangladesh) Ltd v Bangladesh Petroleum Exploration & Production Company Limited and Bangladesh Oil Gas and Mineral Corporation (ICSID Case Nos ARB/10/11 and ARB/10/18) an ICSID tribunal considered whether to investigate allegations of corruption and whether to vacate its previous decisions on payment claims.

ICSID tribunal suspends proceedings to investigate corruption

Practical Law UK Legal Update Case Report 7-629-5691 (Approx. 4 pages)

ICSID tribunal suspends proceedings to investigate corruption

by Practical Law Arbitration
Published on 13 Jun 2016 • International
In Niko Resources (Bangladesh) Ltd v Bangladesh Petroleum Exploration & Production Company Limited and Bangladesh Oil Gas and Mineral Corporation (ICSID Case Nos ARB/10/11 and ARB/10/18) an ICSID tribunal considered whether to investigate allegations of corruption and whether to vacate its previous decisions on payment claims.