005080 . On 30 November 2005, the Respondent State and Waterville signed a Memorandum of Understanding (MOU) to inter alia secure funding for the project on behalf of the Respondent State from Bank Austria Creditanstalt Credit Consalt AG. . In December 2005, the Applicant, in alliance with Waterville Ltd Holding (BVI) Company and Austro Investment Company, where he was Board Chairman, engaged M-Powapak financial Gmb services Company, where he was Director, through in respect of rehabilitation and construction a contract to provide services of the two stadia. . On6 February 2006, the Ministry of Education and Sports authorised the construction of the two (2) stadia by Waterville Holding Ltd (BVI) Company. . On6 April 2006, the Respondent State abruptly terminated the contract of December 2005 with Waterville Holding Ltd (BVI) Company, citing high costs and the fact that Waterville Holding Ltd (BVI) Company had failed to secure the funding as agreed in the MOU concluded on 30 November 2005. . Waterville Holding Ltd (BVI) Company, through the Applicant, termination of the contract but later on conceded initially protested the and claimed the money for work already done as authorised by the Ministry of Education and Sports. The Respondent State agreed and paid Waterville Holding Ltd (BVI) Company a total of 21.5 million (Twenty-One Million, up termination. Following Five Hundred this payment, Euros) for certified the Company work is said to have to the point fully paid of the Applicant, as its agent, bringing the relationship between Waterville Holding Ltd (BVI) Company and the Applicant to an end. This payment is not a subject of dispute before this Court. . Following a change of government of the Respondent State in 2009, the Applicant, in his personal capacity, claimed from the new government payment of 2% as the total cost for the distinct role he played in raising funds for the project. On 6 April 2010, the

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