Topic: Bribery and corruption

An ICC arbitrator has declined to hear a claim by one of China’s largest mining groups over its purported purchase of a stake in a major lithium project in the Democratic Republic of the Congo.

18 March 2024

The French Court of Cassation is poised to rule on whether an allegedly corrupt “wedding gift” to Libreville’s former mayor justified the annulment of an ICC award against Gabon – a case that practitioners hope will settle controversy over the French courts’ approach to corruption allegations. Kevin Cubeddu of Latham & Watkins, who attended the court hearing last month, reports.

14 March 2024

Ecuador says that Australian engineering company Worley has paid US$6 million to satisfy a costs award from its failed US$145 million treaty claim, which was thrown out last year based on findings of illegality. 

01 March 2024

The Maldives has reportedly prevailed in an arbitration against a Dubai-based trading group over its failure to deliver ventilators during the covid-19 pandemic.   

26 February 2024

Kuwaiti logistics group Agility has said it will refile an ICSID claim against Iraq over a telecoms investment marred by alleged corruption after its bid to annul an award in the state’s favour was partially upheld.

12 February 2024

Australian engineering company Worley has not only lost a recent US$175 million arbitration against Ecuador, it has likely invited the US Department of Justice to scrutinise whether the company bribed foreign officials, two former US prosecutors told GAR’s sister publication Global Investigations Review (GIR). 

19 January 2024

Mahnaz Malik, an arbitrator and barrister at Twenty Essex in London, has become a member of the World Bank Sanctions Board, where she will decide on "sanctionable practices" such as corruption and fraud in World Bank-financed projects. 

17 January 2024

A panel at the first ever in-person GAR Live Africa discussed the recent set-aside of an US$11 billion award against Nigeria, including the potential approach of tribunals to proportionality and the evolution of set-aside decisions on the issue.

11 January 2024

Photos are now available from the first edition of GAR Live Africa.

11 January 2024

After ruling that an US$11 billion award against Nigeria was obtained by fraud, a judge in London has decided it should be set aside rather than remitted to the arbitrators for reconsideration.

08 December 2023