Latest CR "Buzz" Cafta Case Report:
World Bank International Court Case: US Investors Sue Government of Costa Rica Under CAFTA Free Trade Agreement for Breach of Treaty Terms and Conditions.
The case is entitled David Aven et el vs the Republic of Costa Rica, ICSID Case No. UNCT/15/3. Videos and information here are from the CAFTA Arbitration hearing held in Washington, D.C. in December of 2016. A ruling is expected in the first quarter of 2018.
Costa Rican government officials fabricated lies about U.S. citizens who were developing a beach homes project and charged them criminally under environmental codes, shutting down the project.
These U.S. citizens had received full approvals and permits for their multi-million dollar project from the government over many years of regulatory review and at great expense. The prosecutor and other officials involved ignored this, and the project was shut down and the developers were criminally charged without evidence, or proof of intent that a crime was committed. All of this as done in total disregard to Costa Rica law, and basic human rights.