Dar es Salaam. Despite the government’s declining to comment on the recent decision made by the International Centre for Settlement of Investment Disputes (ICSID), Indiana Resources is said to be closer to recovering its historical sunk investment for unlawful expropriation of the Ntaka Hill nickel sulphide project in Tanzania.
The new development comes after ICSID struck out most of Tanzania’s grounds for requesting the annulment of the award.
