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Congo
Commisimpex and Montreux's billion-dollar feud offers relief for Brazzaville

A Dassault Falcon 7X in Barcelona on 27 May 2024.
A Dassault Falcon 7X in Barcelona on 27 May 2024. © Joan Valls/Urbanandsport/NurPhoto via AFP
After spending a decade working together to seize assets in Congo, creditor Commisimpex and litigation funder Montreux are now battling it out for control of the debt they spent years trying to get reimbursed, which totals $1.79bn. [...]
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Spotlight | Congo
Brazzaville suffers major setback in Commisimpex arbitration in Paris

An arbitration court in Paris has rejected Congolese President Denis Sassou Nguesso's latest appeal to overturn a tribunal ruling ordering Congo to pay over $1.5bn to Mohsen Hojeij's company, Commisimpex. It's a legal setback that exposes the methods of the lawyers and private investigators hired by Brazzaville to try to establish a corruption link between the Lebanese businessman and one of the arbitrators.

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Denis Sassou Nguesso at Brazzaville airport in March 2023.

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