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The subject of how (and whether) sustainable investment aligns with fiduciary duty has been debated in the UK pensions industry for a few years, with some polarising views.
Mr Umar Babangida, an Economic and Financial Crimes Commission (EFCC) investigator, on Tuesday, detailed how top government officials supported directors of Process and Industrial Development (P&ID) Limited in the alleged $9.6 billion scam against Nigeria. According to the News Agency of Nigeria, Babangida, the second prosecution witness (PW2) in the current trial of James Nolan, an Irish national, told Justice Obiora Egwuatu of the Federal High Court in Abuja during his testimony.
The bill charge was brought forward against Nigeria for a collapsed gas processing project in Cross River, Nigeria.
After finding that the massive arbitration award in favor of P&ID was tainted by bribes, it has now been ruled the case cannot be sent back to the arbitrat...
A London court has overturned the $11 billion damages charge brought against Nigeria by Process & Industrial Developments (P&ID) Limited, a gas