What people and countries forget that if you sign up / have membership to International Bodies such as the ICC & ICSID its all in - you cant simply ignore ruling due to the fact that it doesn't suit you - if you want to deal with the international community then you simply need to be an adult about things and put your big boy pants on.
The DRC want to have their cake and eat it - they are happy to take/embezzle international investment/money but sook when action is taken against them and claim to be the victim when their hands get caught in the cookie jar.
The corruption is called out for what it is - inaction is an endorsement of the corruption that is currently occurring. This whole spectacle clearly sits at Felix's feet.
I am so fed up with the DRC and their shenanigans that talking to them seems to be a waste of time - I am very much looking forward to them being formally reprimanded by the ICC & ICSID and called out for their corrupt behavior. Financial penalties/compensation need to be awarded to AVZ.
You dont open your house to thieves and complain about being robbed and thats what Felix has done with his government.
There is no doubt that there are many honorable people in the DRC we just need to support them where we can.
Regards,
SilentOne
The enforcability is a concern though, not to mention the additional years and years that this would take.
Even after a US court in 2021 confirmed the US600m DigOil ICC judgement from 2018, opening the possibility of DRC assets in the states being seized, where are we now?
Answer: DigOil hasn't received a cent yet, nearly 7 years on. Yet the international community is still dealing with DRC anyway, big boy pants or not.
In a judgement that could possibly be five times the size of that one, or even more, what's the likelihood of a speedy resolution and an actual delivery of those funds?
How many here will have passed on by the time we get funds, if ever?
Sure the ICSID might have some better leverage than the ICC towards enforcement, and the World Bank connection is useful given the DRC's needs, but let's not kid ourselves that this would be a timely or smooth process.
I guess we could leverage a huge judgement payment into some kind of a deal, but again this would be years and years away from fruition if having to await a conclusion of all our arbitration cases.