SocGen and Libya bribery settlement

Posted on: 24/05/2017

The Libyan Investment Authority’s (LIA) long-running, three-year claim against Société Générale (SocGen) came to an end on the eve of a 14-week trial at the beginning of May, with SocGen agreeing to pay U.S.$1.05bn (€963m) to settle the dispute.

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