Kuwait loses $1b lawsuit against Olympic committee
GENEVA – Kuwait’s $1 billion lawsuit against the International Olympic Committee over the country’s suspension from the competition has been dismissed by a Swiss court, according to reports.
Kuwait was reportedly ordered to pay the legal costs of the suit.
The IOC and world football governing body FIFA suspended Kuwait in October over laws that allow government interference in sports.
Kuwait has 30 days to appeal against the ruling, starting from Wednesday.
Officials in Kuwait have said that the country’s exclusion from the Rio Games was unjust and would cause massive financial losses.
It sued the IOC in civil court in the Swiss canton of Vaud, where the committee is headquartered in the canton’s main city, Lausanne.
Apart from the IOC and FIFA, 16 other international sporting federations have also blacklisted Kuwait. ICA/Expat Media
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