Saied looks to liquidate BFT to sidestep ICSID arbitration

Tunisian president Kaïs Saïed.
Tunisian president Kaïs Saïed. © John Thys/Pool/EPA/MaxPPP
The Tunisian president has set in motion the compulsory liquidation of the Banque franco-tunisienne (BFT), a bank that lies at the heart of drawn-out litigation with its former owner, ABCI Investments. After a mediation bid failed, the saga has gone back to arbitration. [...] (641 words)
Issue dated 24/02/2022 Reading time 3 minutes
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