The Corruption and Illegality in Asian Investment Arbitration book will serve as an important reference point for lawyers, students, academics, policymakers, enforcement agencies and legal practitioners, Attorney General Datin Paduka Hajah Nor Hashimah binti Mohammed Taib said.
She said this as the guest of honour yesterday, officiating the launch of the book. The Attorney General’s Chambers, in collaboration with Universiti Brunei Darussalam (UBD), launched the book. This was followed by a symposium at Golden Jubilee Hall, Law and Courts Building.
“Issues related to these disputes normally focuses on lack of transparency, conflict of interest, perceived bias of arbitrators, and inconsistencies in decisions. I would like to congratulate UBD for this initiative, as this book, the first of its kind being published, offers a different perspective in this area,” Datin Paduka Hajah Nor Hashimah binti Mohammed Taib said.
“The book presents comprehensive and up-to-date information on anti-corruption rules, addresses Asian approaches to corruption and illegality in investment arbitration, and explores economic and legal issues in corruption and arbitration,” she said.
Renowned barrister and arbitrator Dr Michael Hwang in the keynote lecture, touched on how corruption has increasing importance in investor-state dispute settlement.
He also highlighted several high-level corruption scandals in recent years.
The event also saw discussions by the experts who had contributed to the book, and two presentations on ‘Economy of Corruption in FDI in Asia: Helping Hand or Grabbing Hand?’ and ‘Corruption and Asian Investor State Dispute Settlement’. – James Kon
