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UPDATED: How EFCC under Magu uncovered corruption that overturned $11 billion P&ID award

EFCC also established that a now-deceased petroleum minister broke the law by signing the contract without proper approvals and protocol.

City ofUnited kingdomNigeria generalCross riverYemi osinbajoRobin knowlesIbrahim maguBrendan cahillBola tinubuMuhammadu buhariNigerian high courtHobson industriesFinancial crimes commissionIndustrial development ltdProcessing agreement for accelerated gas developmentA london high court

Nigeria wins $11bn debt case against P&ID

The Federal Government has won its case against Process & Industrial Developments (P&ID) Limited, which sought enforcement of $11 billion debt in its favour. The development comes after five years of intense legal battle. A UK court on Monday quashed the enforcement of the judgment on the grounds that it was fraudulently obtained. In a…

Cross river stateCross riverRobin knowlesAddax petroleumMinistry of petroleum resourcesIndustrial developmentsGas developmentFederal governmentUnited kingdomCommercial courtsPetroleum resourcesAccelerated gas developmentOdukpani local government areaGas processing facilities

Nigeria Wins $11bn Debt Case Against P&ID

Nigeria Wins $11bn Debt Case Against P&ID
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Cross river stateCross riverRobin knowlesIndustrial developmentsGas developmentMinistry of petroleum resourcesAddax petroleumFederal governmentUnited kingdomCommercial courtsPetroleum resourcesAccelerated gas developmentOdukpani local government areaGas processing facilities

UPDATED: Nigeria wins bid as UK court quashes $11bn P&ID award

UPDATED: Nigeria wins bid as UK court quashes $11bn P&ID award
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomLagos stateCross river stateCross riverOlasupo shasoreGoodluck jonathanMuhammadu buhariJustice robin knowlesUmaru yaraduaJustice knowlesAgency reporterMinistry of powerIndustrial developments companyGas developmentNews agency of nigeria

UPDATED: Nigeria wins as UK court dismisses $11 billion P&ID suit

The UK court upheld Nigeria’s prayer on the ground that the ill-fated gas processing contract was obtained by fraud.

Cross riverUnited kingdomCity ofCross river stateMark howardJustice robert knowlesMinistry of petroleum resourcesAddax petroleumLondon high courtGas developmentIndustrial developmentsWest africanBritish virgin islands basedPetroleum resourcesAccelerated gas developmentOdukpani local government area