Decisión nº: 001979

In October 2006 the 1971 Fund Administrative Council, noting that the Director remained of the view that it was unlikely that a recourse action by the 1971 Fund against Instituto Nacional de Canalizaciones (INC), the agency responsible for the maintenance of the Lake Maracaibo navigation channel, would succeed, decided that the 1971 Fund should not pursue a recourse action against INC.