Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
"Derivative/Hedging" Deals-Volume II: By Citibank, Standard Chartered Bank, Deutsche Bank, with Sri Lanka Government's Petroleum Corporation-Dubious &

"Derivative/Hedging" Deals-Volume II: By Citibank, Standard Chartered Bank, Deutsche Bank, with Sri Lanka Government's Petroleum Corporation-Dubious &

Ameresekere, Nihal Sri

Paperback

Business GeneralGeneral LawGeneral Political Science

ISBN10: 1524681342
ISBN13: 9781524681340
Publisher: Authorhouse
Published: May 26 2017
Pages: 692
Weight: 3.37
Height: 1.39 Width: 8.25 Depth: 11.00
Language: English

First Volume of this explosive Book had been released in May 2011, whilst judicial proceedings were pending. This Volume II has been released after completion of legal proceedings. Author has professionally lucidly set out facts of these dubious derivative / hedging deals in two public interest actions instituted, seeking 'anti-suit injunctions', citing renowned authorities, to prevent foreign legal proceedings, and for these transactions perpetrated collusively by Standard Chartered Bank, Citibank and Deutsche Bank on their Customer, Ceylon Petroleum Corporation, to be adjudicated before Supreme Court of Sri Lanka, as the most 'appropriate forum'. This has been mysteriously strenuously opposed by Attorney General of Sri Lanka, appearing for State Agencies and for himself, on baseless objection of 'time bar', resulting in the Supreme Court questionably upholding such objection, with the Author pointing out ludicrousy of such Order. As a consequence, High Court of Justice United Kingdom granted Judgment in favour of Standard Chartered Bank. 3 Member Arbitral Tribunal of London Court of International Arbitration having recognized true nature as wagering had rejected Citibank Claim, notwithstanding Judgment re - Standard Chartered Bank being before them. 3 Member Arbitral Tribunal of International Centre for Settlement of Investment Disputes had a division, with 2 Members Awarding Deutsche Bank Claim, with 'gaming debt as investment', and one Member dissenting. This would open floodgates to prevent recovery of stolen assets stashed overseas. Ironically, Attorney General of Sri Lanka had relied on persons, who had to be investigated, and who had been compromised by these Banks, to give evidence, and with resultant settlements. Golden book for those interested in contemporary financial crimes!

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