Tribunal Will Consider Bribery Evidence In Laos Casino Row
By Joyce Hanson (June 27, 2018, 4:52 PM EDT) -- A World Bank tribunal administering Lao Holdings NV's arbitration over Laos' alleged forced takeover of a hotel and casino near the Thailand-Laos border has said the tribunal will consider the Lao government's evidence involving corruption and bribery allegations against the company's president but is otherwise dismissing the government's latest evidence.
The International Centre for Settlement of Investment Disputes tribunal said Monday in a procedural order that Laos' May 15 application to provide fresh evidence seeks entry of three categories of material as "additional evidence" ahead of a merits hearing over the long-running Savan Vegas Hotel and Casino dispute scheduled to be...
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