World Bank body says Ecuador owes Occidental $1.8B
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World Bank body says Ecuador owes Occidental $1.8B

Quito : Ecuador | Oct 05, 2012 at 7:53 PM PDT
Source: Ledger-Enquirer
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Ecuador An international arbitration body has ruled Ecuador should pay $1.769 billion to Occidental Petroleum Corp. for revoking the U.S. company's operating concession in 2006. The World Bank's International Center for Settlement of Investment Disputes says on its website that it found Ecuador... FULL ARTICLE AT Ledger-Enquirer
 
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