Bangladesh Secures $42 Million from Niko Settlement
After nearly two decades of legal contention, Bangladesh has finally secured compensation from Canadian energy firm Niko Resources for the catastrophic 2005 Tengratila gas field explosions in Sunamganj’s Chatak region. The International Centre for Settlement of Investment Disputes (ICSID) has directed Niko to pay Bangladesh approximately $42 million, equivalent to nearly BDT 512 crore. Initially, […]
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