Aluminium Bahrain Must Arbitrate in Alcoa Bribery Case
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Aluminium Bahrain BSC, Bahrain’s state-owned aluminum producer known as Alba, was ordered to arbitrate claims against Canadian businessman Victor Dahdaleh over his alleged role in a bribery scheme involving Alcoa Inc.
U.S. District Judge Donetta Ambrose in Pittsburgh yesterday granted Dahdaleh’s request to dismiss Alba’s 2008 lawsuit and compel arbitration. Alba had sued New York-based Alcoa claiming the company bribed senior officials in Bahrain, causing Alba to overpay $500 million for raw materials.