plaetton:


You're absolutely right. No amount of mudslinging or blackmail will get Nigeria out of this mess.
UK courts are not Nigetian kangaroo courts.
Only the Nigerian officials swindled Nigeria, not the UK company.
Only a good faith negotiated settlement can ease Nigeria out of this wahala .

Good faith negotiations, that would still run into billions......

P&ID are already in a position of strength, they secured the ultimate judgement........ Why would they give that up? Because they believe in God?.....


An appeal of this magnitude in the court of appeal, would cost millions of £'s to initiate the process.....

Barristers are waiting to chop wella...........

executive12:


I just can't resist quoting you because of your English, after calling others illiterates.

thats why an illiterate wont understand the difference between a grammatical blunder and a typo!

Chimookigwe:


It is those hopeless Biafran slaves begging for freedom who see people like Danjuma as their masters.

You can tag Nnamdi Kanu and Judas Iscariot in your post, that's your problem.

Begging?
Fam them boys are pushing not begging
Igbo amaka

No negotiation. P&ID lied to a court and claimed they spent $40m. Which is the basis of this lawsuit. Let’s not even talk about the other various scams that they had used to scam Nigeria. They woke up a sleeping giant and they will pay the price. Nigeria needs to sue them ruthlessly for contract scams in the past and the cost of arbitration based on a pure lie. No body who was authorized signed that contract, so it’s a fraud and they should be sued on that too. Both criminal liability and civil liability. No running away now. So, this joker expects Nigeria to come and meet him in Spain to negotiate. Why not come to Nigeria? What is he afraid of? Arrest?

momodub:
Really getting hot Quinn grew up in Drimnagh, a tough neighborhood in Dublin, close to crumlin dublin 8 bad area Conor McGregor area.

what are you saying?

See the shame these leaders put Nigeria in into. What if this guy say that what he want is to own Nigeria. Na so we go become tenant for our country o

Lexusgs430:



Good faith negotiations, that would still run into billions......

P&ID are already in a position of strength, they secured the ultimate judgement........ Why would they give that up? Because they believe in God?.....


An appeal of this magnitude in the court of appeal, would cost millions of £'s to initiate the process.....

Barristers are waiting to chop wella...........

There is nothing like good faith negotiations here. This is a pure fraud and a scam. It won’t hold water in any reasonable court. In fact they should be paying our legal fees and should be sued for dragging us through this mess. Especially the reputation of the country. They should also be made to write an apology explaining that they are scammers.

baby124:

There is nothing like good faith negotiations here. This is a pure fraud and a scam. It won’t hold water in any reasonable court. In fact they should be paying our legal fees and should be sued for dragging us through this mess. Especially the reputation of the country. They should also be made to write an apology explaining that they are scammers.

How did Nigeria defend itself in court?.....

Ok

Lawalemi:
See the shame these leaders put Nigeria in into. What if this guy say that what he want is to own Nigeria. Na so we go become tenant for our country o

Remember Bakassi?....

[s]

kirkwood:
If this money is ever paid, P & ID will be 6.5 times richer than Seychelles, and 4.6 times richer than the richest company in Africa.

Will it be paid?

The court has simply enforced the arbitral award under the initial arbitration proceedings.

It is one of the easiest judgement to be executed. Place a lien on Nigeria's foreign reserves, attaching the order of court. Once processed, money gone. No need to get the Nigerian government's approval.

This amount could comfortably have been spent on our educational sector, to upgrade the schools and research centres.

Appeal
What are you appealing against? Court's hands are tied in matters of arbitration, except where fraud is involved. English courts are not Nigerian courts. You can't bend them.

The best deal is to negotiate, but I can't see Nigeria paying below 3 billion dollars, which in any case would still be over 1 trillion naira.

[/s]

That is how government business is done in Nigeria, with shady characters, mercenaries and criminals in a never ending viscious, destructive cycle of rent seeking. That is the product of weak institutions in a state of strong-mannism.

Codes151:
How would illiterates in power understand or know what to do!!?

Don’t mention me o! All leaders this country ever had were illeterates except abacha

what would u do if u were the president?

dre11:



•Wants case settled amicably

•How P&ID, 12 smaller companies secured concessions






https://thenationonlineng.net/9-6b-judgment-pid-owners-son-reaches-out-to-fg-2/

Food for the zombies

Lexusgs430:



Good faith negotiations, that would still run into billions......

P&ID are already in a position of strength, they secured the ultimate judgement........ Why would they give that up? Because they believe in God?.....


An appeal of this magnitude in the court of appeal, would cost millions of £'s to initiate the process.....

Barristers are waiting to chop wella...........

Secured the ultimate judgment? So much ignorance in your post.

This company initiated a previous suit against Nigeria based on same facts and got judgement. Nigeria got the Court to throw the judgment out on appeal and the company ran to the UK to re-institute.

Most of you guys are just carried away by headlines. Dig deep and get the facts and stop writing what doesn't make sense.

kirkwood:
If this money is ever paid, P & ID will be 6.5 times richer than Seychelles, and 4.6 times richer than the richest company in Africa.

Will it be paid?

The court has simply enforced the arbitral award under the initial arbitration proceedings.

It is one of the easiest judgement to be executed. Place a lien on Nigeria's foreign reserves, attaching the order of court. Once processed, money gone. No need to get the Nigerian government's approval.

This amount could comfortably have been spent on our educational sector, to upgrade the schools and research centres.

Appeal
What are you appealing against? Court's hands are tied in matters of arbitration, except where fraud is involved. English courts are not Nigerian courts. You can't bend them.

The best deal is to negotiate, but I can't see Nigeria paying below 3 billion dollars, which in any case would still be over 1 trillion naira.

Your analysis on placing a lien on Nigeria's foreign reserve with the court judgement is very wrong and illogical. Is all the foreign reserve in UK? I know Adams father died of Cancer some years back and has friends at the corridor of power. It is a deal.

I have said it severally for several years, the most lucrative ministerial post is the Minister of Justice followed by Petroleum. Although, most often, the Petroleum Ministry is the most lucrative depending on the deals available within that period but there is much focus unlike Ministry of Justice - deals and more deals. Hope PMB will pay all the judgement against Nigeria both local and international?

This judgement will make a lot of people rich in Nigeria. Judiciary, EFCC & NFIU guys will also travel abroad and spend money enjoying themselves collecting foreign currency while Adamu friends will go to nairaland on PR moves doing false analysis to justify payment. Those doing negotiations will also be settled. The Finance , Judiciary & agencies involved will meet in Kaduna to settle themselves.

It is a deal.

Codes151:
How would illiterates in power understand or know what to do!!?

Don’t mention me o! All leaders this country ever had were illeterates except abacha

You are an illiterate yourself with the way you construct your English.
Its obvious you learnt English from watching Nollywood

Lexusgs430:



Good faith negotiations, that would still run into billions......

P&ID are already in a position of strength, they secured the ultimate judgement........ Why would they give that up? Because they believe in God?.....


An appeal of this magnitude in the court of appeal, would cost millions of £'s to initiate the process.....

Barristers are waiting to chop wella...........

Yes, they are certainly in a position of strength. That's Nigeria why should humble herself and try to settle for a smaller sum, rather than have her assets forcefully seized and forfeited.

But then , expecting Nigerian officials, in especially in this dumb and deaf government, to do the smart thing is like asking pigs to fly.

babaolofin:


Your analysis on placing a lien on Nigeria's foreign reserve with the court judgement is very wrong and illogical. Is all the foreign reserve in UK? I know Adams father died of Cancer some years back and has friends at the corridor of power. It is a deal.

I have said it severally for several years, the most lucrative ministerial post is the Minister of Justice followed by Petroleum. Although, most often, the Petroleum Ministry is the most lucrative depending on the deals available within that period but there is much focus unlike Ministry of Justice - deals and more deals. Hope PMB will pay all the judgement against Nigeria both local and international?

This judgement will make a lot of people rich in Nigeria. Judiciary, EFCC & NFIU guys will also travel abroad and spend money enjoying themselves collecting while Adamu friends will go to nairaland on PR moves doing false analysis to justify payment. Those doing negotiations will also be settled. The Finance , Judiciary & agencies involved will meet in Kaduna to settle themselves.

It is a deal.

They do that at their detriment with a target on their backs even after they are long dead. All the facts of this scam are on the table and any unreasonable settlement or settlement at all can open all individuals involved to future probe. See how OBJ is going through a $16bn probe? You never know who will be president tomorrow and reopen the case. At the end of the day the case will be dropped and P&ID will fade into obscurity to protect itself from lawsuit and to protect its collaborators. If we decide to reason their matter, P&ID will be in big trouble. We are paying nothing on this case.

plaetton:

Yes, they are certainly in a position of strength. That's Nigeria why should humble herself and try to settle for a smaller sum, rather than have her assets forcefully seized and forfeited.

But then , expecting Nigerian officials, in especially in this dumb and deaf government, to do the smart thing is like asking pigs to fly.

They are in no position of strength. A fraudulent contract is null and void.

It appears P&ID/PDP PR is in full scale appeal mode on this thread . See them trying to convince us that P&ID has a chance in this case when it clearly doesn’t.

Where is that stupid Indian b**ch that was paid by P&ID to rubbish Nigeria’s reputation? She should also face lawsuits big time. She went as far as rubbishing Nigeria’s ability to let FDI’s thrive. FG should go after all these people, let them know that you just don’t talk anyhow. This is one of the biggest scams attempted in the world.

Chimookigwe:


Secured the ultimate judgment? So much ignorance in your post.

This company initiated a previous suit against Nigeria based on same facts and got judgement. Nigeria got the Court to throw the judgment out on appeal and the company ran to the UK to re-institute.

Most of you guys are just carried away by headlines. Dig deep and get the facts and stop writing what doesn't make sense.

No one is disputing the fact that Nigeria has the right to appeal or use whatever legal remedies she can afford to get out of this quagmire.
Appeal Courts take arbitration judgement very serious.
Nigeria entered into a contract with the Company, and then later reneged on the contract. If Nigeria failed to do it's due diligence before entering into the agreement, then that's Nigeria 's fault.
The company is standing on sound legal footing.
Only if Nigeria can prove that the contract was fraudulently contrived by P&ID or that it was deliberately duped into the contract would Nigeria stand the chance of having the contract nullified.

Chimookigwe:


Secured the ultimate judgment? So much ignorance in your post.

This company initiated a previous suit against Nigeria based on same facts and got judgement. Nigeria got the Court to throw the judgment out on appeal and the company ran to the UK to re-institute.

Most of you guys are just carried away by headlines. Dig deep and get the facts and stop writing what doesn't make sense.

You are the ignorant one here..... If Nigeria does nothing, they already have a massive lien..... Yes or No?

executive12:
With the revelations from Bloomberg, if the FG gets competent Lawyers, they will not only win an appeal against the billion dollars judgement but will actually get the company to pay Nigeria for fraud.
In addition, T.Y. Danjuma's company should also be sueing them for fraud. They should at least be made to refund Danjuma the $40m he gave them for feasibility study which they claimed to have spent from their pocket.
Bunch of fraudsters.

I also think Nigeria media house should start digging and exposing

plaetton:

No one is disputing the fact that Nigeria has the right to appeal or use whatever legal remedies she can afford to get out of this quagmire.
Appeal Courts take arbitration judgement very serious.
Nigeria entered into a contract with the Company, and then later reneged on the contract. If Nigeria failed to do it's due diligence before entering into the agreement, then that's Nigeria 's fault.
The company is standing on sound legal footing.
Only if Nigeria can prove that the contract was fraudulently contrived by P&ID or that it was deliberately duped into the contract would Nigeria stand the chance of having the contract nullified.

You have spoken well.... Shout louder, so the ignorant one's at the back, fully understand the implications and consequences..........

baby124:

They are in no position of strength. A fraudulent contract is null and void.

If Nigetia failed to due its Due Diligence before signing a multibillion dollar contract, then Nigeria pays the price.
As with individuals and corporations , so it is with governments.

niaralandtopuser:

which pdp? the cabals that signed the deal under Yaradua are part of this government. that is why their names remain protected from the media

why are you like this. You will always want to rob this government into every fraud committed by the permanently devilish party PDP. This type of fraud is not the first to be done by them, only that it's making the media because this government is ready to right all wrong of PDP.

Lexusgs430:

You are the ignorant one here..... If Nigeria does nothing, they already have a massive lien..... Yes or No?

Is there a stay on the judgment, yes or no?
Is the matter subject to Appeal, yes or no?

Stop arguing like Pachukwudi44 and SalamRushdie

Chimookigwe:


Secured the ultimate judgment? So much ignorance in your post.

This company initiated a previous suit against Nigeria based on same facts and got judgement. Nigeria got the Court to throw the judgment out on appeal and the company ran to the UK to re-institute.

Most of you guys are just carried away by headlines. Dig deep and get the facts and stop writing what doesn't make sense.

Ask yourself this..... If this judgement meant nothing to our assets, why has the FG decided to sit and stand up?......

plaetton:

No one is disputing the fact that Nigeria has the right to appeal or use whatever legal remedies she can afford to get out of this quagmire.
Appeal Courts take arbitration judgement very serious.
Nigeria entered into a contract with the Company, and then later reneged on the contract. If Nigeria failed to do it's due diligence before entering into the agreement, then that's Nigeria 's fault.
The company is standing on sound legal footing.
Only if Nigeria can prove that the contract was fraudulently contrived by P&ID or that it was deliberately duped into the contract would Nigeria stand the chance of having the contract nullified.

This same company took this same matter to the US, they got judgement. Nigeria appealed and the judgment was set aside.

They won't get a farthing from Nigeria.

Chimookigwe:


Is there a stay on the judgment, yes or no?
Is the matter subject to Appeal, yes or no?

Stop arguing like Pachukwudi44 and SalamRushdie

Appeal is the next stage nah.... Stop arguing blindly.... The FG messed up big time, by not according this suit the importance it truly deserved......

After judgement was secured, they are now running like headless chickens.......

baby124:

They do that at their detriment with a target on their backs even after they are long dead. All the facts of this scam are on the table and any unreasonable settlement or settlement at all can open all individuals involved to future probe. See how OBJ is going through a $16bn probe? You never know who will be president tomorrow and reopen the case. At the end of the day the case will be dropped and P&ID will fade into obscurity to protect itself from lawsuit and to protect its collaborators. If we decide to reason their matter, P&ID will be in big trouble. We are paying nothing on this case.

Nothing is going to happen . There are several damages and penalties awarded against FG and there were negotiations and settlements from several years back. They have people local & abroad that specialized in this type of fraud. Another group in Abuja is people using local debts to fraud FG.

The Obj power sector probe is political . This is a project with project management office and terms of references with ministry in charge. Judgements involve lawyers, judges, actors and parasites. It is negotiation, it is a deal. Under Obj, they cannot come out. They study the environment.