Jean Emmanuel Foumbi’s ICSID claim against Yaoundé takes a step forward
A panel has just been appointed to the case, where the damages sought are in the region of a billion dollars.
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▪ Jean Emmanuel Foumbi’s ICSID claim against Yaoundé takes a step forward
▪ A panel has just been appointed to the case, where the damages sought are in the region of a billion dollars.
▪ https://www.africabusinessplus.com/en/804883/jean-emmanuel-foumbis-icsid-claim-against-yaounde-takes-a-step-forward/
On 25 June, the conflict between Cameroonian-born French entrepreneur Jean Emmanuel Foumbi – Founder and former CEO of Hope Services – and the State of Cameroon took a step closer to resolution, when Washington’s International Centre for Settlement of Investment Disputes (ICSID) formally agreed the trio tasked with ruling on the two parties’ liabilities.
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