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British court dismisses P&ID $11 billion damages against Nigeria - Vimarsana News

British court dismisses P&ID $11 billion damages against Nigeria

P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale.

Court in the UK Dismisses P&ID's $11 Billion Damages Claim Against Nigeria - Vimarsana News

Court in the UK Dismisses P&ID's $11 Billion Damages Claim Against Nigeria

P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale.

Source: jowhar.com
Nigeria's $11 bln damages bill for collapsed gas deal thrown out by London court - Vimarsana News

Nigeria's $11 bln damages bill for collapsed gas deal thrown out by London court

An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by London's High Court. The West African country was... -December 21, 2023 at 06:14 am EST - MarketScreener

Nigeria's US$11 billion damages bill for collapsed gas deal thrown out by London court - Vimarsana News

Nigeria's US$11 billion damages bill for collapsed gas deal thrown out by London court

LONDON :Nigeria is off the hook for an US$11 billion damages bill over a collapsed gas processing project that was procured by bribery after the award was thrown out by London's High Court.The West African country faced having to pay the sum – representing around a third of its foreign exchange reserves –

P&ID: Victory for Tinubu's Govt As London Court Quashes $11 Billion Damages Bill Against Nigeria - Vimarsana News

P&ID: Victory for Tinubu's Govt As London Court Quashes $11 Billion Damages Bill Against Nigeria

Nigeria has secured victory as the London court, ruled that the P&ID offshore company wielded bribery and perjury to secure a fraudulent $11.5bn arbitration award.

Source: legit.ng