Tunisia to clarify its position on WB mediation in BFT expropriation case on 12 October
Within Hicham El Mechichi’s government, several officials are not in favour of the institution’s good offices, including Rached Ben Romdhane, who has recently been promoted to advisor.
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▪ Tunisia to clarify its position on WB mediation in BFT expropriation case on 12 October
▪ Within Hicham El Mechichi’s government, several officials are not in favour of the institution’s good offices, including Rached Ben Romdhane, who has recently been promoted to advisor.
▪ https://www.africabusinessplus.com/en/805736/tunisia-to-clarify-its-position-on-wb-mediation-in-bft-expropriation-case-on-12-october/
There is a new twist in the case concerning the illegal expropriation without compensation of Banque Franco-Tunisienne (BFT), which dates back to 1989. Tunisia, which the ICSID recognised as responsible for the expropriation in July 2017, recently requested mediation from the World Bank (WB) in relation to the case.
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