British Virgin Islands Court verdict: A big legal and economic victory for Pakistan
A spokesperson of Law Ministry has termed British Virgin Islands (BVI) Court’s judgment in Reko Diq case, withdrawing all decisions against Pakistan International Airline (PIA), as a great legal victory of Pakistan.
In a statement, he said the judgment has saved Pakistan's assets worth billions of rupees from being frozen or sold out.
After this court order, Pakistan got back PIA's Roosevelt Hotel, New York and Scribe Hotel Paris.
The spokesperson of Law Ministry said Pakistan strongly pleaded its case before the court in an application filed by Tethyan Copper Company (TCC) for the enforcement of Reko Diq award.
He said according to the court order, the TCC will have to bear all the expenses of the case.
The spokesperson appreciated the efforts of Law Minister Farogh Naseem and Attorney General of Pakistan Khalid Javed Khan in the case.