MV X-Press Pearl disaster: Compensation estimated to be US$ 6.4bn

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By: Isuru Parakrama

Colombo (LNW): The compensation estimated for the damage caused by the MV X-Press Pearl maritime disaster is at US$ 6.4 billion, revealed the Attorney General’s Department.

The compensation was estimated following the report in January, the AG’s Office said.

A team will leave for Singapore next month for the legal proceedings related to the damage, and discussions will be held with the relevant shipping company and other representatives in Singapore, it added.

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