Nigeria forces JPMorgan to disclose US documents in $875m oil case
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Nigeria has succeeded in an effort to force JPMorgan Chase to disclose more documents ahead of a trial in which the US bank stands accused of enabling the misappropriation of almost $900m in state funds.
The UK High Court on Tuesday granted the African nationâs application to secure records from top US executives and compliance officers involved in signing off $875m in payments between 2011 and 2013 relating to the controversial OPL 245 oil licence deal.
Lawyers for the Federal Republic of Nigeria said last week there had been âserious issuesâ with the US bankâs approach to disclosure, arguing its focus on documents and interactions between staff in Europe was âunduly narrowâ.
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I personally believe that President Bio will be remembered just like our past HEROES Sengeh Pieh, Bai Bureh, and Sir Milton Margai based on the fact that they all fought for the DIGNITY, FREEDOM AND JUSTICE for our citizens. President Bio will always refuse to sell his “BIRTHRIGHTS for a bowl of porridge”. Let us continue to hope and pray that SL Mining will abandon the ideology of GREED. They should use their conscience by destroying the agreement signed with the destructive APC party in the 11th hour (which includes bribery) before they were kicked out of Statehouse. The upcoming arbitration process should be a Win Win situation for the People of Sierra Leone and the SL Mining which is one of the biggest corporations in the world.