Middle East Economic Survey
VOL. LIII
No 36
6-Sep-2010
Former CEO Sues TAQA, Seeking $460Mn In Damages
An alleged Enron-like accounting scheme raises questions about UAE transparency and corporate governance. The case against TAQAs US subsidiary further weakens confidence in investing in the Gulf.
Abu Dhabi National Energy Companys (TAQAs) former CEO, Peter Barker-Homek, is suing the company in a US court seeking $460mn in compensation and damages. The suit alleges he was forced out after trying...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!