Romania faces $100m corruption suit

Major article outlining the background to a British company, Eastern Duty Free (EDF), is suing the Romanian state for $100m in a high-level corruption case involving a former prime minister, airport and airline duty-free concession contracts and an audio tape recording of alleged demands for a $2.5m bribe. The case, expected to be heard at an international ­tribunal in Washington in 2008, will cast a rare light on the sometimes murky world of Romania’s public sector contracts and judicial institutions.

Hong Kong: ICAC: DNA http://www.icac.org.hk/newsl/issue32eng/button1.htm

Website: Internatonal Centre for Settlement of Investment Disputes (ICSID) http://icsid.worldbank.org/ICSID/Index.jsp

ICSID: Procedural details of Case No.ARB/05/13 http://icsid.worldbank.org/ICSID/FrontServlet?requestType=CasesRH&reqFrom=ListCases&caseId=C57&actionVal=viewCase

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