Business Federal govt sues JP Morgan for $875 million over Malabu oil deal –

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Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister. A spokeswoman for JP Morgan dismissed the accusation on Thursday, saying the firm “considers …


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via TODAY.NG – http://ift.tt/2DnK8E3
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