April 03, 2019
Media Statement - RE. Dissemination of Information on Ongoing Legal Proceedings
Media Statement by AIAC
RE. Dissemination of Information on Ongoing Legal Proceedings
1.00pm – 3rd April 2019
The Asian International Arbitration Centre ("AIAC)" is aware that there are several statements directed at the AIAC that are being circulated and disseminated through various communication channels, including but not limited to, the 'Whatsapp' messaging platform.
The contents of these statements relate to ongoing investigations and legal proceedings that are currently subject to determination by the Courts who will act independently.
The AIAC will continue to assist all relevant authorities and the Courts by extending our co-operation as required and necessary by law. We do not propose to enter into a discussion in the media.
Established in 1978, the Centre was the first arbitration centre in Asia to be established under the AALCO, an international organisation comprising 47 member states from across the region. The Centre was first set up to provide institutional support as an independent and neutral venue for arbitration proceedings in Asia. Currently, it stands alongside only four other regional centres located in Egypt, Nigeria, Iran and Kenya. Further information on the Centre can be obtained from http://www.aiac.world.