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Veolia vs Gabon’s case enter the litigation phase

Friday, 24 August 2018 13:44

(Ecofin Agency) - The conciliation held on July 28-29, 2018 in Paris between Gabon and the French giant Veolia has not resulted in an amicable arrangement as the parties would have liked, La Lettre du Continent reveals in its present edition.

The failure of this conciliations, in the framework of the second arbitration request Veolia sent to Cirdi in February 2018 opens the way to the litigation phase which should start by end August, the magazine adds.

Yet, Veolia’s staff present for the ligation phase as well as the fifteen Gabon officials and their advisors were wishing for an amicable arrangement thanks to which they would have avoided a time-consuming, costly and painful trial. 

PcA

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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