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Court dismisses P&ID appeal, upholds...

Court dismisses P&ID appeal, upholds Nigeria’s £43m...

Nigeria successfully halts $11bn P&ID...

Nigeria successfully halts $11bn P&ID award in...

Court dismisses P&ID appeal, upholds Nigeria’s £43m award

Court dismisses P&ID appeal, upholds Nigeria’s £43m award A UK Court of Appeal has dismissed Process & Industrial Development's (P&ID) appeal regarding a previous judgment that halted the enforcement of its $11 billion award against Nigeria. In a unanimous decision, Lead Judge Lord Justice Snowden allowed P&ID to appeal the judgment but ultimately dismissed it. The ruling was based on the issue of whether the lower court was correct in ordering P&ID to pay the £43 million legal costs in British pounds rather than naira. READ ALSO: Court orders ex-minister to account for...

Court dismisses P&ID...

Court dismisses P&ID appeal, upholds Nigeria’s £43m award A UK Court of Appeal has dismissed Process & Industrial Development's (P&ID) appeal regarding a previous judgment...

Nigeria successfully halts...

Nigeria successfully halts $11bn P&ID award in UK court After over five years of legal fireworks, Nigeria has finally succeeded in halting the enforcement of...

Grace Taiga, alleged...

Grace Taiga, alleged Nigerian accomplice in P&ID scam re-arraigned by EFCC Mrs Grace Taiga, an alleged accomplice in the multiple fraud case involving Process and...

EFCC arraigns P&ID...

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned the commercial director of Process and Industrial Development (P&ID), Muhammed Kuchazi on eight charges...

UK court grants...

Nigeria has achieved a landmark victory in its quest to reverse a $10 billion judgement awarded against it in a case against Process and...
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