Middle East Economic Survey
VOL. LIV
No 41
10-Oct-2011
UAE
TAQA Announces Dismissal Of Lawsuit Brought By Former CEO
A lawsuit brought against TAQA, TAQA New World Inc and TAQA General Manager Carl Sheldon by former CEO Peter Barker-Homek has been dismissed, announced the Abu Dhabi-based company on 29 September. The suit was filed in a US court seeking $460mn in compensation and damages, alleging Mr Barker-Homek was forced out after trying to call a halt to kickbacks, bribery, accounting...
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