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P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets (19589 Views) (2) (3) (4)

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P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by PaChukwudi44(m): 3:18pm On Sep 19
Process & Industrial Developments Limited has said it will continue its efforts to identify and seize Nigerian assets.

The British firm, on August 16, 2019, won a $9.6bn UK court judgement against the Nigerian government over a failed gas deal signed in January 2010.

The company said the President Muhammadu Buhari administration continued to show no willingness to negotiate in good faith in order to find “a reasonable resolution to the debt.”

“As a result, P&ID will continue its efforts to identify and seize Nigerian assets to satisfy the debt as soon as possible,” it added.

P&ID, in a statement on Thursday, accused the Nigerian government of carrying out a targeted campaign of unlawful and illegal detentions aimed at innocent individuals associated with the company.

Andrew Stafford Q.C. of Kobre & Kim, which represents P&ID, said, “The Nigerian government, through the Economic and Financial Crimes Commission, is carrying out a targeted campaign of detentions aimed at individuals associated with P&ID and the US $9.6bn arbitration award P&ID has won against Nigeria.

“The detentions are illegal, and appear to be aimed at coercing false testimony to support Nigeria’s claim that P&ID’s award is a fraud. Nigeria’s Attorney General Abubakar Malami has acknowledged that his aim is to provoke global opposition against P&ID, by undertaking these attacks.

“P&ID calls on the government of Nigeria to accept its responsibilities under the law, and to cease the unlawful detentions.”

In 2012, P&ID took the government to arbitration over the failure of the deal in which the Nigerian government agreed to supply gas to a processing plant that the company would build and run.

The tribunal, made up of Lord Hoffman (presiding arbitrator), Chief Bayo Ojo (Nigeria’s arbitrator) and Sir Anthony Evans (P&ID’s), was organised in London under the rules of the Nigerian Arbitration and Conciliation Act as part of the original contractual agreement between parties.

In January 2017, the tribunal ordered the Nigeria government to pay P&ID the sum of $6.597bn together with interest at the rate of seven per cent from March 20, 2013 until the date of the award and at the same rate thereafter until payment.

https://punchng.com/well-continue-efforts-to-identify-seize-nigerian-assets-pid-vows/

3 Likes

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by fernandez1(m): 3:29pm On Sep 19
It's better u people seize Nigeria itself

90 Likes 7 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by juvewalex(m): 3:32pm On Sep 19
Okay

1 Like

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by omenka(m): 3:34pm On Sep 19
P&ID has become Pachukwudi44's latest employer.

Who did this to you young man?

Hate the president NOT THE COUNTRY.

Shame on you.

58 Likes 10 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by BiafranBushBoy: 3:55pm On Sep 19
omenka:
P&ID has become Pachukwudi44's latest employers.

Who did this to you young man?

Hate the president NOT THE COUNTRY.

Shame on you.

Shut it!

The idea of a president reflects the nation.

Look at the dunce called Buhari and ask yourself, is the country not looking like him?

Wish they should seize him sef... But unfortunately, he isn't an asset!!

He will cost them money flying up and down the world.

133 Likes 11 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Ruggedniggaone: 3:58pm On Sep 19
wetin concern me are they useful before please try to seize buhari join

9 Likes 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Olanipekun1: 4:10pm On Sep 19
MusaChukwudi:


He is far too sick to understand this.....

1 Like 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by technuel: 4:15pm On Sep 19
Ok
Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by LadyExcellency: 4:30pm On Sep 19
The company has no asset in Nigeria

1 Like

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Olanipekun1: 4:33pm On Sep 19
MusaChukwudi:


check well, no rules broken!
let the mods decides

1 Like 2 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by raumdeuter: 4:36pm On Sep 19
omenka:
P&ID has become Pachukwudi44's latest employers.

Who did this to you young man?

Hate the president NOT THE COUNTRY.

Shame on you.

After Saraki, Onnoghen, Ambode all failed him

18 Likes 2 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by GavelSlam: 5:08pm On Sep 19
BiafranBushBoy:


Shut it!

The idea of a president reflects the nation.

Look at the dunce called Buhari and ask yourself, is the country not looking like him?

Wish they should seize him sef... But unfortunately, he isn't an asset!!

He will cost them money flying up and down the world.

You exemplify the notion.

13 Likes

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by BiafranBushBoy: 5:54pm On Sep 19
GavelSlam:


You exemplify the notion.

I would have felt bad about your post if I looked like you.

But heck no! kiss

20 Likes

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by PaChukwudi44(m): 6:07pm On Sep 19
omenka:
P&ID has become Pachukwudi44's latest employers.

Who did this to you young man?

Hate the president NOT THE COUNTRY.

Shame on you.
Cool down dude!!! Read again!! It says Punch news not Chukwudi44 news.

34 Likes 2 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by GavelSlam: 6:09pm On Sep 19
BiafranBushBoy:


I would have felt bad about your post if I looked like you.

But heck no! kiss

You have no idea how I look.

2 Likes

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by omenka(m): 6:23pm On Sep 19
PaChukwudi44:

Cool down dude!!! Read again!! It says Punch news not Chukwudi44 news.
Your reputation precedes you.

Be that as it may, I can sleep well over the fate of Nigeria with respect to the case since someone like YOU has taken sides with the criminal enterprise seeking to rip off the country.

EVERYONE around here knows THERE HAS BEEN NO TIME YOU TOOK SIDES WITH ANYONE OR ANY COURSE AND THEY SUCCEEDED. From Goodluck Jonathan to Saraki to Dino et al, the story is the same.

So, keep it up.

42 Likes 9 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Olanipekun1: 6:25pm On Sep 19
omenka:
Your reputation precedes you.

Be that as it may, I can sleep well over the fate of Nigeria with respect to the case since someone like YOU has taken sides with the criminal enterprise seeking to rip off the country.

EVERYONE around here knows THERE HAS BEEN NO TIME YOU TAKE TOOK SIDES WITH ANYONE OR ANY COURSE AND THEY SUCCEDED. From Goodluck Jonathan to Saraki to Dino et al, the story is the same.

So, keep it up.
darling omenka
how are you today kiss

7 Likes 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Crazeworld(m): 7:13pm On Sep 19
Okay.
Meanwhile, I'm available for your online documents and Print-out Slips. Check my signature
Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by modelmike7(m): 7:14pm On Sep 19
See what Jonathan and his 40 thieves put our country into.They should come and seize all wailers abeg.

18 Likes 3 Shares

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by netpro(m): 7:14pm On Sep 19
The fraudulent company can't do anything. Nigeria is equal to the task. P&ID lost in US, won in UK and lost in Nigeria.

It is 2:1 in favour of Nigeria.

With Buhari in charge and the law on our side, we are winning this case.

10 Likes 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by modelmike7(m): 7:14pm On Sep 19
omenka:
Your reputation precedes you.

Be that as it may, I can sleep well over the fate of Nigeria with respect to the case since someone like YOU has taken sides with the criminal enterprise seeking to rip off the country.

EVERYONE around here knows THERE HAS BEEN NO TIME YOU TAKE TOOK SIDES WITH ANYONE OR ANY COURSE AND THEY SUCCEDED. From Goodluck Jonathan to Saraki to Dino et al, the story is the same.

So, keep it up.
Great man. Great words.

9 Likes 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by modelmike7(m): 7:14pm On Sep 19
Olanipekun1:
darling omenka
how are you today kiss
dis begger still dey follow u up and down omenka. Tell d devilhimself to get thee behind you pls.

4 Likes 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by driand(m): 7:15pm On Sep 19
Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by tfelicityk(m): 7:15pm On Sep 19
Who are these people playing chess with Nigeria?

They will fail!
Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Wickedfacts: 7:15pm On Sep 19
PaChukwudi44:

Cool down dude!!! Read again!! It says Punch news not Chukwudi44 news.

Ngwakwe, dumb legal opinions are synonymous with you. Don't deny this one.

6 Likes

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by solmusdesigns: 7:15pm On Sep 19
angry


God please scatter PDP for us,

deystroy them for selling PHCN to energy sabueteors, who wont supply meters or anything yet bill us like slaves
deystroy them for dubiously agreeing to sell our LNG to P & ID for mere $40 million, and make us give out $9billion for wanting it back
deystroy them for using ASUU strike to deystroy our Instituition, so that they and their pastors and associate can own expensive universities and make us pay

Dis-Honourable Minister of thunder affiars Olanipekun1 please come and fire PDP thunder
..

9 Likes 1 Share

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by pickatyou: 7:16pm On Sep 19
Nigeria have done their local damage using there manu workshop judiciary.
P&ID still have the upper hand. If only bubu can see it and let them negotiate not doing this blow me I blow you kind of fight.

3 Likes

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by BruncleZuma: 7:16pm On Sep 19
grin grin grin grin

Nigerian Embassy New York

1 Like

Re: P&ID: We Will Continue Efforts To Identify, Seize Nigerian Assets by Wickedfacts: 7:16pm On Sep 19
Olanipekun1:
darling omenka
how are you today kiss

Deaf and dumb, you talk today?

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