Arbitration body raises amount awarded to Enagas to $302 million in process against Peru
MADRID, May 26 (Reuters) - Spanish gas grid operator Enagas (ENAG.MC), opens new tab said on Monday the World Bank's International Centre for Settlement of Investment Disputes (ICSID) raised the amount the company is entitled to be paid in an arbitration process over a pipeline it built in the country.
ICSID ordered Peru to pay the company $302 million, up from $194 million it awarded in its original ruling in December, the company said in a filing to the stock market regulator.
Enagas had originally requested a $505 million compensation from the Peruvian government and reported a capital loss of 246 million euros ($281 million) in the fourth quarter last year on the amount it was entitled to by the first ruling.
($1 = 0.8763 euros)
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Horror moment Scots gangster Ross Monaghan is shot dead by hitman at Spanish pub as staff & punters flee in terror But both the Daniels and Richardson gangs have over the last few months faced attacks ordered by a new mobster on the block, known as 'Miami', determined to establish himself as a force to be feared. Meanwhile, Spain-based Lyons associates have acted as middle men and recruited foot soldiers on the ground. The bloody feud began with a drug deal gone wrong involving Ross 'Miami' McGill, a Rangers ultra turned organised crime boss, currently living a life of luxury in Dubai. McGill was a long-time ringleader of the Union Bears, the club's most hardcore group of fans. Dozens of snaps show the Scotsman leading chants from the stands of the Ibrox stadium and he was even given a send-off by then-manager Steven Gerrard when he stepped away from the leadership role in 2021. By then, however, McGill was on the police's radar and soon moved to Dubai after skipping court on drug-dealing allegations. It is from there that he is believed to have been directing a wave of attacks across those who crossed him. 'When EncroChat was cracked, many senior members of organised crime were detained in prisons up and down the country,' explains Graeme Pearson, former director of the Scottish Crime and Drug Agency. EncroChat was a communications tool widely used by organised crime to talk in secret. Its infiltration by police and crime agencies led to hundreds of arrests across the UK and Europe. 'The next generation of would-be gangsters stepped into that void and decided that they were going to be the top kids going forward,' Graeme says. 'It left something of a vacuum at a top level for somebody like McGill to step into the frame.' 'All hell broke loose' He continues: 'All hell broke loose in February. It became evident there'd been a fallout, allegedly about the theft of half a million pounds worth of drugs. 'Ross McGill came onto the scene, but being a new face, the gang took advantage of him, and he was paid with counterfeit money.' Having been done over for £500,000, the mobster is said to have wasted little time before enacting revenge. 14 In McGill's crosshairs were allies of Edinburgh-based cocaine kingpin Mark Richardson, currently being held in isolation at HMP Low Moss. Calling themselves Tamu Junto (TMJ) - Portuguese for 'We're in this together' - the footsoldiers targeted homes and businesses belonging to those linked to Richardson and the Daniels. The shameless group have even been posting sinister, slick videos set to music proudly showing off the trail of destruction they've left. One clip made in April showed the aftermath of a firebomb attack on a garage linked to the son of the late Jamie Daniel, while a house in Edinburgh was also torched. In the video, they warn: 'We are urging everyone in Scotland on the streets and those incarcerated to join us in the fight against Mark Richardson and the Daniels family. 'These rats have been thieving for a long time. 'It's time for people to stand together as one and remove this vermin from the streets.' Earlier in May, the home owned by Kelly 'Bo' Green, daughter of late crime kingpin Jamie Daniel and ex-partner of slain gangster Kevin 'Gerbil' Carroll was torched, leaving scorch marks around the exterior. Even more shockingly, a 12-year-old boy and 72-year-old woman were battered after being found in a property linked to the Daniel family. 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'We have terrorised you since March and we will continue to do so,' they said in a post on social media only the day before Monaghan and Lyons were shot. 'Despite false claims in the media, TMJ will continue to target anyone associated with the Daniel family or Mark Richardson. 'We aren't going away - we will continue to target you. 'We have no rules, we have no limits. 'We are coming for you.' It's thought that more than 100 mafia-like groups could be operating on the Costa del Sol, which is less than an hour's drive away from the port of Algeciras, one of Europe's main points of entry for cocaine. The expiration of an extradition agreement between the UK and Spain in 1978 made the region especially popular among British gangsters. Charlie Wilson, part of the Great Train Robbery, was one of them - before he was shot dead in 1990 at his villa in Marbella. There was also the crook and nightclub owner Ronnie Knight, and Krays associate Freddie Foreman. 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