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Nigeria Loses In British Court, To Forfeit N3.2 Trillion Assets (read Details) - Politics - Nairaland

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Nigeria Loses In British Court, To Forfeit N3.2 Trillion Assets (read Details) by Happisunday: 10:20am On Aug 17, 2019
The Nigerian government will be forfeiting N3.2 trillion ($9 billion) in assets to a company Process & Industrial Development Limited (P&ID), over its failure to honor a contract.



Justice Butcher of The High Court of Justice, Business and Property Courts of England and Wales ruled on the case on Friday August 16, 2 years after the Nigerian government objected to an arbitration that ordered payment of $6.6 billion as damages to......continue reading on https://www.happigist.com/nigeria-loses-in-british-court-to-forfeit-n3-2-trillion-assets-read-details/

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