Tunisia: BFT liquidation to be heard on 1 March
Following the breakdown in negotiations between the parties, the Court of First Instance of Tunis is now considering liquidating the Banque franco-tunisienne (BFT).
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▪ Tunisia: BFT liquidation to be heard on 1 March
▪ Following the breakdown in negotiations between the parties, the Court of First Instance of Tunis is now considering liquidating the Banque franco-tunisienne (BFT).
▪ https://www.africabusinessplus.com/en/811230/tunisia-bft-liquidation-to-be-heard-on-1-march/
This is the latest episode in a dispute that dates back to 1989. Then, the Tunisian state decided to recover the shares (53٫6%) of the Arab Business Consortium International Finance and Investment Company (ABCI Investments) in the Banque franco-tunisienne (BFT).
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