Decision ID: 001548

In February 2004 the 1971 Fund Administrative Council noted that the Fund’s lawyer in Venezuela had advised the Fund that in accordance with Venezuelan procedural law the criminal action against the master of the Nissos Amorgos was time-barred, since under Venezuelan law, a final sentence would have to be delivered within four and half years of the date of the criminal act, and that as a result, the claim for compensation against the master, the shipowner and the insurer, subsidiary to the criminal action, was of no effect.