The company is targeting the overseas assets

[RufaidaKhatun]

Following a favorable arbitration order in a retrospective taxation case from India, Britain’s energy major previously said it could take legal action in multiple countries to force government companies and banks to pay contributions.


of a larger number of state-run companies in an attempt to recover government contributions.
Cairn Energy has already asked courts in the United States,

United Kingdom, Canada, France, Singapore, the Netherlands and three other countries to register the arbitration tribunal’s decision of December 2020 that


quashed the Indian government’s demand for Rs 10,247 crore in back phone number library taxes and ordered New Delhi to return $ 1.2 billion worth of shares it had sold, dividends seized and refunds from taxes

retained to recover the tax claim.
Sources pointed out, however, that Cairn did not pay any rupee tax around the world for the disputed transactions. Cairn had also lost his appeal in the tax court.As France considers reducing force in Sahel, jihadist threat increases

During a grueling, weeks-long mission in northern Mali, French soldiers faced a familiar threat: extremists trying to impose the same strict Islamic rule that preceded France’s military intervention here there. over eight years ago.