An ICC tribunal has dismissed a €148 million claim made by a US-based healthcare company against Malta related to a hospital concession involving a corruption scandal. The tribunal also rejected Malta’s counterclaim.
The dispute centered around allegations linked to the hospital concession and associated corruption issues.
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This ruling dismisses both the substantial claim by the healthcare company and the Maltese state’s counterclaim in a high-profile hospital concession dispute.
Author's summary: The ICC tribunal rejected major claims from both the US healthcare firm and Malta in a corruption-linked hospital concession dispute.