Nigeria and offshore company square off over arbitration award
The African country is seeking to overturn a ruling ordering it to pay billions after a gas deal with Process & Industrial Development collapsed
Source: businesslive.co.za
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The African country is seeking to overturn a ruling ordering it to pay billions after a gas deal with Process & Industrial Development collapsed
The trial is set to continue Wednesday
A lawyer representing Nigeria told the court that P&ID obtained its contract "by telling repeated lies and paying bribes to officials."
Nigeria has begun an attempt to overturn the $11 billion debt awarded in favour of Process and Industrial Developments (P&ID)...
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