An ace up the sleeve for African states in trouble with their creditors?
Congo-B has invoked the ‘Sapin II' law to keep Mohsen Hojeija at bay. If the Court of Cassation upholds the petition, this legal device may be widely exploited.
Mohsen Hojeij may be poised to deliver a devastating blow to the Congolese government and by extension, President Denis Sassou Nguesso. For some years the businessman who has been trying to obtain record damages of some $1.1 billion from Brazzaville. [...] (617 words)
Issue dated 29/07/2015
Reading time 3 minutes
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Commisimpex vs Congo-B - Ruling by the Paris High Court - July 16, 2015
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Commisimpex vs Congo-B - Memorandum Order - Court of the District of Columbia - July 6, 2015