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Central Asia

Tajikistan’s US$500 Million Case Brings No Resolution

from eurasianet.org:

The settlement of a $500 million court case in London involving Tajikistan’s aluminum has provided no resolution of the central questions involved in the affair. If anything, the matter has raised fresh questions about the conduct of the Tajik government.

Lawyers involved in the case — involving claims and counter-claims brought by and against Talco, or the Tajik Aluminum Company, operator of one of the world’s largest smelting operations — announced they had settled the suit on November 27. No parties involved in the dispute admitted any liability and terms of the financial settlement were not disclosed.

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