How Two Irish Businessmen Almost Took Nigeria for $11 Billion
A mundane contractual provision met with rampant corruption — revealing a serious vulnerability in one of the backbones of international commerce.
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A mundane contractual provision met with rampant corruption — revealing a serious vulnerability in one of the backbones of international commerce.
The Economic and Financial Crimes Commission, EFCC, on Wednesday insisted that the death certificate of a former director of legal services at the
The lawyer made the formal announcement on Friday following the death of the Director on August 1, 2023.
A judge in the London High Court has ruled against an award which could have cost Nigeria US$15 billion, but the shadow of corruption in the affair remains, 'Victory is claimed by all,' said Tacitus, a historian of ancient Rome, 'failure by one alone.' His point resonates with the 23 October verdict in the case of Nigeria versus Process & Industrial Development (P&ID), which seems to have been going on since the classical chronicler's days. President Bola Ahmed Tinubu welcomed a verdict that forensically dismantled the grounds for an award against Nigeria, with interest, of close to US$15 bill...
The P&ID saga exposes the depth of corruption and lack of patriotism by Nigeria’s officials and consultants, including lawyers.