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Gambia: Swiss And Australian Investors Claim US$35 Million Legal Damages Against The Gambia Gov’t

Gambia faces tiger-prawn claim at ICSID

The Gambia is facing its eighth case at the international court for settlement of investment disputes (ICSID) after Swiss and Australian investors brought a US$35 million claim over the expropriation of their tiger-prawn farming business by the government of former president Yahya Jammeh, an arbitration document obtained by the Freedom Newspaper revealed.

The claimants in this latest lawsuit against the Gambia government are: West African Aquaculture Ltd, Kurt Lennart Hannssson, and Marteje Bolt Hansson. The plaintiffs said they invested in farming enterprise, Gambia’s economic sector, agriculture, fishing and forestry during dictator Jammeh’s era.

Justice Minister Baa Tambadou has been listed as the legal representative for the respondents—which is the Gambian state.

The British lawyers representing the Gambia are based in Cooley, London, UK. The matter has been listed pending before the arbitration court.

The matter is going to be arbitrated soon. It was on March 28th that the Registrar of the arbitration court notified the parties concerned about the upcoming proceedings. See below links.

https://globalarbitrationreview.com/article/1167435/gambia-faces-tiger-prawn-claim-at-icsid

Western African Aquaculture Ltd, Kurt Lennart Hansson and Martje Bolt Hansson v. Republic of The Gambia (ICSID Case No. ARB/18/10)

https://icsid.worldbank.org/en/Pages/cases/casedetail.aspx?CaseNo=ARB/18/10

The ICSID had offices in Washington DC and World Bank Conference Center in Paris, France.

By: Pa Nderry M’Bai

freedomnewspaper.com

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