I.C.C. seeks U.S. $200 million arbitration

In related news, we have been informed by Jeffrey Prosser’s Innovative Communication Corporation that, in addition to its ongoing lawsuit against the Belize Government in Miami, it has given G.O.B. notice that it will seek binding arbitration in the hope of recovering another two hundred million dollars in damages. The arbitration emerges from the terms of the Share Purchase Agreement made between I.C.C. and the Government in March of last year. Under that contract, the arbitration will be conducted under the auspices of the United Nations Commission on International Trade Law in Toronto, Canada. I.C.C. contends that government reneged on a number of promises made to Prosser in exchange for his purchase of B.T.L. and INTELCO.