Letter of Jack J Grynberg to Dr Jim Yong Kim regarding ICSID's Moral Leadership and Conflicts of Interest - 30 May 2013
Mr Jack J. Grynberg, President and CEO of RSM Production Corporation (RSM), has on 29 May 2013 filed legal proceedings in the federal courts of the District of Columbia, USA against the World Bank Group, the International Centre for the Settlement of Investment Disputes (ICSID) and the Secretary General of ICSID, Meg Kennear. The proceedings relate to RSM's concern that ICSID failed to provide open, transparent and independent adjudication of a case brought to it concerning RSM's investment in an oil exploration concession in the Central African Republic (CAR). This was due to an undisclosed and highly material conflict of interest by one of the members of the ad-hoc Committee. This document contains an open letter dated 30 May 2013 to Dr Jim Yong Kim, President of the World Bank and Chairman of ICSID explaining the background and requesting a clarification of ICSID's position.