P&ID Contract Scam: Anti-Corruption Body, EFCC Hails UK Court Dismissal Of $11.5Billion Judgment Against Nigeria

  The Economic and Financial Crimes Commission, EFCC, has applauded the dismissal of the arbitrary $6.6 billion judgment against Nigeria, won by the Process & Industry Development, P&ID Ltd, over a failed 2010 deal to develop a gas processing plant in the country.   A United Kingdom Judge, Robin Knowles of the Business and Property Court in London, on Monday, October 23, 2023, ruled that the award was obtained by fraud and that what happened in the case was contrary to public policy.  

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