p&id

  1. EFCC Applauds Dismissal of $11.5 Billion P&ID Judgment Against Nigeria

    Nigeria EFCC Applauds Dismissal of $11.5 Billion P&ID Judgment Against Nigeria

    The Economic and Financial Crimes Commission (EFCC) has commended the dismissal of the $11.5 billion judgment against Nigeria in the P&ID case. The judgment had been awarded to Process & Industrial Developments Ltd (P&ID) over a failed 2010 deal to establish a gas processing plant in the...
  2. How Nigeria Triumphed in the P&ID Legal Battle - FG

    Nigeria How Nigeria Triumphed in the P&ID Legal Battle - FG

    On Monday, Judge Robin Knowles of the Business and Property Court in London delivered a landmark victory to the Federal Government of Nigeria, nullifying a $9.6 billion arbitral award made in 2017 in favor of the Process & Industry Development (P&ID) Limited. Attorney General of the Federation...
  3. Major Victory for Nigeria as UK Court Dismisses $11 Billion P&ID Lawsuit

    Nigeria Major Victory for Nigeria as UK Court Dismisses $11 Billion P&ID Lawsuit

    In a significant legal development, the Business and Property Court in London ruled in favor of Nigeria, bringing an end to the $11 billion lawsuit filed by Process & Industrial Developments (P&ID) Ltd against the federal government of Nigeria. The judgment was delivered by Judge Robin Knowles...
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    Politics P&ID: Heads May Roll – Malami – Dailytrust

    https://dailytrust.com/pid-heads-may-roll-malami
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    Politics Malami: Nigeria didn’t make $200m cash deposit on P&ID – The Nation News

    https://thenationonlineng.net/malami-nigeria-didnt-make-200m-cash-deposit-on-pid/
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    Politics P&ID saga: UK court ruling, victory for Magu ― Shittu – Vanguard News

    https://www.vanguardngr.com/2020/09/pid-saga-uk-court-ruling-victory-for-magu-%E2%80%95-shittu-2/
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    Metro P&ID Scandal: How Nigeria secured major victory in UK court - Premium Times

    https://www.premiumtimesng.com/news/headlines/412430-pid-scandal-how-nigeria-secured-major-victory-in-uk-court.html
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    Metro $9.6bn fine: Court orders forfeiture of P&ID’s assets to FG - Daily Post

    A federal High Court in Abuja, Thursday ordered the forfeiture of all assets belonging to Process and Industrial Development (P&ID) limited to the federal government. This development followed the conviction of the involved firms on 11-count charge bordering on economic sabotage, money...
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    Metro PHOTOS: Protesters storm UK high commission over $9bn judgement against Nigeria - The Cable

    Members of a group known as the Coalition of Civil Society Groups (CCSG) are currently at the UK high commission in Abuja to protest the $9 billion judgement against Nigeria. A British court had given P&ID, an Irish engineering company, the fiat to seize Nigerian assets worth $9 billion...
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