JUDGMENT
PARTIES
The Plaintiff is a limited liability company with offices in the United States of
America and Sierra Leone.
The Defendant is the Government of the Republic of Sierra Leone which is a
member State of the Economic Community of West African States, ECOWAS.
SUMMARY OF FACTS
By a Concession Agreement made on July 25, 2007, the Defendant and the Plaintiff
decided to co-operate for the sustainable exploitation of the Tama-Tonkolli Forest
Reserve (65,000 ha) in East-Central Sierra Leone. Pursuant to the Agreement, the
Plaintiff stated that it employed over six hundred (600) Sierra Leoneans and planted
4 million teak trees in the first 6 months of operations and had plans to plant an
additional 4 million trees each year for the 20 years covered by the Agreement.
The Plaintiff stated further that it invested over $19m in equipment purchases,
shipping costs, spare parts and supplies to support operations, logistics, salaries,
etc. Additionally the Plaintiff constructed an all-purpose, all season main Road from
Masingbi past Bandakoro as well as town Roads, Feeder Roads and secondary
Roads totaling 57 kilometers. The Road network consisted of sixty four (64) water
crossings through twelve (12) villages. The estimated cost according to the Plaintiff,
was Nine Hundred thousand to a million and one hundred thousand US Dollars
($900,000-$1,100,000). The Plaintiff also said it rehabilitated the main highway
between Masingbi and Magbaurka.
2