Rabat- The US-based private equity firm Carlyle, is suing the Moroccan government for over USD 400 million in the International Center for Settlement of Investment Disputes (ICSID), claiming the sum is equivalent to the profit  lost when Morocco’s sole refinery went bankrupt three years ago, Moroccan media outlet Medias24 reported.

Workers’ Rights Group to ‘Salvage’ Morocco Only Oil Refinery