Tanzanian businessman Moto Mabanga has filed a lawsuit against Shell and Ophir Energy claiming he was unlawfully expelled from an exploration deal for blocks 1, 3 and 4 in southern Tanzania, the Daily News reported.
Mabanga says he was coerced into signing a termination agreement that expelled him from the blocks and that the termination contract, worth $7.5 million, was undervalued.
Mabanga originally helped Ophir to secure the assets ins Tanzania; the company described Mabanga as its "man in Tanzania" in a leaked...
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up