BFT case: Elected officials offer ABCI guaranteed investments as compensation
The Tunisian state, having been declared responsible of forced expropriation by Cirdi in the BFT case, is under the threat of a heavy financial penalty. Elected officials have proposed to ABCI that the compensation be converted into local investments.
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▪ BFT case: Elected officials offer ABCI guaranteed investments as compensation
▪ The Tunisian state, having been declared responsible of forced expropriation by Cirdi in the BFT case, is under the threat of a heavy financial penalty. Elected officials have proposed to ABCI that the compensation be converted into local investments.
▪ https://www.africabusinessplus.com/en/807677/bft-case-elected-officials-offer-abci-guaranteed-investments-as-compensation/
Transforming a potential financial reparation of $1 billion into guaranteed investments in the case of the forced nationalisation of the Franco-Tunisian Bank (BFT) in 1989, this is the approach that Tunisian leaders are trying to promote, despite the hostility of those close to Prime Minister Hichem Mechichi.
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