This isn’t the first time one of South Sudan’s lenders has taken them to court in London. Earlier this year, the high court ordered the East African country to pay their biggest commercial lender $657m [2]. That’s nearly half the government's revenue!
Now oil trader BB Energy, which made nearly $300m in profit last year, is following their example. [3]
Our broken global system is allowing private lenders to sue countries in turmoil – and UK law is the tool they’re using to do it. Ultimately, it’s the people of countries like South Sudan who will pay the price.
Will you take two minutes to email oil trader BB Energy and call on them to drop the court case against South Sudan?
