In an interview with El Comercio newspaper, the State Attorney General, Diego Garcia, speaks on the arbitration process of the Oxy case. He indicates that the arbitration process has cost about 0.8% of the proposed amount by Oxy, which was $ 3.370 million.
On the ruling that was announced on Monday, he said that the compensation in accordance with the decision of the Annulment Committee, is in relation to the 60% Occidental can claim.
“I do not have the exact calculation. But until last week we talked about USD 1 769 million, and we said that we would pay approximately USD 2 300 million with interest.” said Garcia on the final amount of compensation plus interest.