Interesting 9 Aug 2012 08:15
Post from ADVFN...................could we be hearing from the courts about HOIL sooner rather than later..............
davjo 8 Aug'12 - 21:55 - 18924 of 18929
From the Daily Monitor :-
Ruling in Heritage Oil tax case due this August
Posted by Emmanuel Gyezaho
on Thursday, May 31 2012 at 00:00
http://mobile.monitor.co.ug/News/-/691252/1417208/-/format/xhtml/-/2u57g5z/-/index.html
Uganda will in the next two months know whether the multi-billion shilling tax dispute with British oil firm Heritage Oil reverts to Kampala for settlement, says Attorney General Peter Nyombi.
Fresh from a week-long sojourn to London, where Uganda’s defence team aided by a group of international lawyers put final touches to submissions in this arbitration case, Mr Nyombi yesterday expressed optimism that the country will obtain a favourable ruling when court gives its ruling on the case in August.