The Nigerian government has secured a significant victory in a London Court, overturning an $11 billion (£9 billion) arbitration award granted.
Nigerian government overturns $11 billion arbitration award in UK courtAllegations of bribery and corruption in securing the contract, overturning an $11 billion arbitration award granted to a company following a dispute over a failed gas deal.
This legal battle has been ongoing between the Nigerian government and the British Virgin Islands-based company, Process and Industrial Developments Limited . P&ID, in response, denied these allegations and attributed the failure of the gas deal to institutional incompetence.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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