Intelligence Online reports that Sirwan Barzani’s legal team at Boies, Schiller & Flexner is struggling to hire a corporate intelligence firm to support its claims that Raedas Consulting used illegal methods to gather evidence in arbitration proceedings against Barzani. In 2023, the International Chamber of Commerce ruled that Raedas’ evidence did not influence the arbitration outcome.
Sirwan Barzani, Chairman of Korek Telecom, is facing intense legal pressure after losing $2.7 billion in arbitration awards for expropriating Iraq Telecom’s stake in Korek Telecom. He is the target of international enforcement actions with legal proceedings in the British Virgin Islands, the Cayman Islands, and the UAE.
Furthermore, U.S. Congressman Scott Perry has called on Secretary of State Antony Blinken to ensure oversight of American funds, citing concerns about Sirwan Barzani’s corruption.