Water: Campaigners cheer defeat of Biwater's £10m Tanzanian claim
Anti-poverty campaigners were yesterday celebrating the failure of a British water company to win up to £10m for a bungled privatisation in Tanzania. Biwater…took Tanzania's government to the World Bank's business tribunal in 2006, arguing its assets had been expropriated and its contract illegally terminated. Campaigners say the contract was forced on Tanzania and accused the Biwater-led consortium - City Water [whose owners also include Gauff Ingenieure & Superdoll Trailer] - of performing worse than the state-run utility. The International Centre for the Settlement of Investment of Disputes (ICSID) in The Hague ruled Tanzania's government had violated its treaty with the UK by expelling City Water. But the tribunal said there were no damages to award as the company's value was "nil" at the time of expropriation.