CEZ Case, Arbitration Rejects Kastriot Ismailaj's Request
Albanian Daily News
Published December 17, 2015

Court of Arbitration in Vienna rejected the request of Kastriot Ismailaj to declare as invalid the agreement signed by his former partner, Rebeka Gaskin, with the Albanian government and pay EUR 135 Million to the DIA company. 
DIA is a tax-collecting company contracted by the Czech managers of CEZ, with the purpose to collect delayed fees that mounted up to 50%. On January 2014, when the Distribution Operator interrupted its agreement with DIA, it was discussed as an instrument through which bribes were canalized for the highest officials. Right after this decision, DIA took the System Operator to the Court of Arbitration and asked 135 million EUR of compensation. Kastriot Ismailaj, owner of DIA, was arrested for fraud. In 2014, Rebeka Gaskin, became administrator of the company. Gaskin, a US citizen, refused to withdraw from the Court of Arbitration and signed an agreement which turned invalid any claim of DIA, including a EUR 135 million payment.





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