ExxonMobil seeks settlement in $800 mln Chad tax dispute -sources
N'DJAMENA, March 11 (Reuters) - An ExxonMobil-led consortium in Chad is seeking an out-of-court settlement after the government filed a legal claim for more than $800 million in unpaid taxes, finance ministry sources said on Tuesday.
The Central African government on March 3 filed a legal claim for 396 billion CFA francs ($837.90 million) in royalties from the consortium which also includes Chevron and Petronas.
A representative for the Exxon consortium in the country declined to give an immediate comment. ExxonMobil's press service in Houston could not immediately be reached for comment.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.