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Kenya: What lessons from EADB"s legal drama in Dar?
[Daily Nation: 2010-03-10]
On the last day of August 2005, a Tanzanian arbitrator awarded a Tanzanian transport company known as Blueline Enterprises Ltd damages in the sum of $61,386,853 against the East African Development Bank. The basis of the company"s claim included alleged delay by the bank in disbursing the loan and insuring the imported vehicles on one hand and alleged loss occasioned by the appointment by the Bank of a receiver and manager in November 1995 pursuant to the loan a. . .
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