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Benghazi Court Cancels “Al-Kharafi” Contract and Orders $15bn Compensation
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Benghazi Court Cancels “Al-Kharafi” Contract and Orders $15bn Compensation
The North Benghazi Court has cancelled a 2006 tourism investment contract between the Libyan state and Kuwait-based Mohammed Abdulmohsen Al-Kharafi & Sons, ordering the company to pay Libya a total of 15 billion Libyan dinars in compensation. The ruling was issued on Thursday by the court’s civil division in a case brought by Osama Hamad, prime minister of the eastern-based government, in his capacity as legal representative of the executive aut…
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