HEADLINES

P&ID Case: UK Court Orders Release of $200 Million To Nigerian Government

48
0 0
Kindly Share This Story:

A commercial court in London has ordered the release of the $200 million used as a deposit in the case against Process & Industrial Development (P&ID) to the Nigerian government.

The Central Bank Governor, Godwin Emefiele who confirmed the development says the ruling follows the prima facie fraud before the court. The UK court also rejected the P&ID application to increase guarantee.

Kindly Share This Story:

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

%d bloggers like this: