Thu, 11 May 2017 12:36:53 +0000 By NATION REPORTER GOVERNMENT had ordered ZCCM-Investment Holdings to withdraw the case against Zambia’s leading coper producing company First Quantum Mineral Limited before the Lusaka High Court. This is in a matter that was originally commenced before the London Court of Arbitration in 2007 but that ZCCM-IH also commenced proceedings before the Lusaka High Court, it remains unclear how a matter before the London Court of Arbitration was brought before the Lusaka High Court in Zambia. According to Bloomberg, an international online media, the Zambian Government has instructed that the matter be withdrawn from the Lusaka Courts in an effort to allow for an amicable settlement, in a matter that would have seem senior leaders of FQM ostracised. This is the case in which ZCCM-IH also appointed top British lawyer Michael Sullivan who was part of the Task Force legal team and who led the prosecution of second […]
