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Nigeria: Analysts - Will UK Court Allow Apparent Attempt to Defraud Nigeria of U.S.$9.6 Billion?

Posted by This Day on

[This Day] Abuja -- After a two-day virtual court hearing, a judge of the High Court of the United Kingdom, Sir Ross Cranston, has reserved judgement telling lawyers that he would take time to study their submissions and give a ruling at a later date on the request by the Nigerian government to set aside the enforcement of a $9.6 billion arbitration awarded against it in favour of Process and Industrial Developments (P&ID) Limited, a briefcase company registered in British Virgin Island.

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