Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. African Union Tries to Settle Ivory Coast Crisis VOA News February 20, 2011 A panel of five African heads of state is meeting Sunday to try to resolve the political crisis in Ivory Coast. The African Union-appointed panel is expected to approve a report by mediators who have met with representatives of Ivory Coast's two rival presidents - incumbent Laurent Gbagbo and challenger Alassane Ouattara. The AU named the panel to settle the political crisis that began after both men claimed victory in the November presidential election and formed their own governments. The AU says any decision the panel makes will be legally binding. However, the AU has no obvious mechanism for enforcing the ruling, and the Gbagbo government has said it will only accept the AU's decision if it respects the Ivorian constitution. Ivory Coast's constitutional council named Gbagbo the winner of the election, overturning results that showed Ouattara as the victor. The AU heads of state are meeting in Mauritania's capital, Nouakchott. They include the leaders of Burkina Faso, Chad, Mauritania, South Africa, and Tanzania. The United Nations says post-election violence in Ivory Coast has killed nearly 300 people. Tens of thousands of refugees have fled to neighboring Liberia to escape the violence and uncertainty. Tensions rose further last week as several international banks shut down their branches in Ivory Coast. The banking system has become paralyzed because of international efforts to financially strangle the Gbagbo government. The crisis prompted a run on banks as ordinary Ivorians tried to get hold of their cash. Gbagbo retains control of state institutions, including the army. Ouattara has spent more than two months in an Abidjan hotel, protected by U.N. peacekeepers. .