The British company Pogust Goodhead, which represented 25 municipalities in a lawsuit in the United Kingdom aimed at limiting the activities of Ibram (Brazilian Mining Institute), will have to pay the entity £811,000 (about R$5.7 million) to abandon the case in British court.
The decision was announced at a hearing on Thursday (13). The amount relates to the costs incurred by Ibrahim in his defense before the British court.
Bogost Goodhead announced that he intended to withdraw from the process and abandon the claims against the institute. The judge then assessed that the law firm had an inappropriate position throughout the process in London and, therefore, must compensate the institute. The final decision is scheduled to be issued during these deliberations in the coming days.
Raul Jungman, CEO of IBRAM, believes that the decision reinforces the entity’s commitment to defending national sovereignty, administrative ethics and Brazilian institutions.
“It is essential that Brazil protect its sovereignty over mineral resources,” he says.
“Ibrahim’s actions have always sought to ensure that public policies and judicial decisions respect this right, ensuring the legal security and predictability of the sector, without compromising investments and the competitiveness of Brazilian mining,” he continues. “It would be an unprecedented aggression against our sovereignty to subject the country to foreign jurisdiction, as was the case in the time of colonial Brazil.”
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