The Reko Diq project site. Photo courtesy Tethyan Copper Company Pakistan/File
ISLAMABAD: The federal government is weighing options how to deal with a recent London High Court judge’s rejection of Balochistan government’s defence before the International Chambers of Commerce (ICC) tribunal that it lacked jurisdiction to arbitrate a dispute in the Reko Diq mining venture in view of corruption allegations.
An informed source privy to the development told
Dawn that one of the options could be challenging the decision of the London High Court judge before the Court of Appeal in the United Kingdom. The International Disputes Unit (IDU) housed inside the Attorney General office in the Supreme Court building was reviewing the ruling and could reach a decision very soon, the source said, adding that a final approval about challenging the ruling was yet to taken.
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LONDON: The High Court of Justice in the British Virgin Islands has recalled all its earlier orders attaching Pakistan International Airline’s offshore assets — The Roosevelt Hotel in.