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How Lakshmi Mittal s brother got a $500m Nigerian bailout

The government of Africa s most populous nation agreed to settle a contract dispute over a deal that a previous administration said was tarnished by fraud.

Sofiya gradBosnia herzegovinaComunidad autonoma de catalunaUnited statesCity ofUnited kingdomAbuja federal capital territoryThe philippinesAbubakar malamiCatherine burtonKashim shettimaMohammed adokeOlusegun obasanjoDavid malingha doya bloombergUmaru yaraduaLakshmi mittal

Indian businessman Pramod Mittal set to receive a $500m payout from Nigerian Government

Indian businessman Pramod Mittal set to receive a $500m payout from Nigerian Government
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Billionaire Lakshmi Mittal s brother gets $500 million Nigerian aid to settle contract dispute

Pramod Mittal’s firm won a settlement tied to a Soviet-era steel plant that has sucked up more than $7 billion in Nigerian public investment without producing any metal.

Sofiya gradComunidad autonoma de catalunaUnited statesBosnia herzegovinaUnited kingdomAbuja federal capital territoryCity ofThe philippinesAbubakar malamiLai mohammedUmaru yaraduaMuhammadu buhariOlusegun obasanjoPramod mittalBola tinubuKashim shettima

Indian magnate to clear massive debts from $496 million Ajaokuta contract dispute payment

Ajaokuta Steel Complex has consumed more than $7 billion of public funds and is yet to produce a single bar of steel.

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How billionaire Lakshmi Mittal s younger brother got $500 million bailout in Nigeria | William Clowes

Billionaire Lakshmi Mittal’s younger brother is effectively getting a helping hand and a possible way out of financial distress from Nigerian taxpayers, after the country’s government agreed to pay his company almost $500 million to settle a contract dispute over a deal that a previous administration said was tarnished by fraud. Pramod Mittal,…

Bosnia herzegovinaAbuja federal capital territoryUnited statesSofiya gradComunidad autonoma de catalunaUnited kingdomCity ofThe philippinesMohammed adokeLai mohammedLakshmi mittalCatherine burtonUmaru yaraduaMuhammadu buhariPramod mittalSwansy afonso bloomberg