$9bn Arbitration Case: Nigerian Assets At Risk Worldwide
LAGOS AUGUST 31ST (NEWSRANGERS)-British judge has said he will grant a firm called Process and Industrial Developments Ltd (P&ID) the right to attempt to seize some $9 billion in assets from the Nigerian government over an aborted gas project. The company was awarded $6.6 billion in an arbitration decision over the failed 2010 project to…
