•Wants them placed on global security watch

•May file fresh suit to set aside the arbitral award

Yusuf Alli,


THE federal government is considering lodging a formal complaint with the International Police (INTERPOL) against two top executives of the Irish firm, Process and Industrial Developments (P&ID), over the controversial $9.6billion debt judgment against Nigeria.

Government, The Nation learnt on Saturday, may request INTERPOL to place a co-owner of P&ID, Brendan Cahill and Adam Quinn, the son of the owner of P&ID, Michael Quinn on red alert.

The implication of the red alert is that the two men will be on the watch-list of security agencies across the globe.

Besides, government has decided to proceed with the prosecution of companies and suspects involved in the alleged criminal conspiracy which led to the judgment.

Other options being considered by government include filing a fresh suit to set aside the arbitral award; initiating a tortious liability against P&ID; registering the order of forfeiture of assets of P&ID in London; and invoking the Mutual Legal Assistance Treaty (MLAT) to extradite some suspects from abroad for trial in Nigeria.

But the most urgent of the options, sources said yesterday, is a likely request to INTERPOL to place Cahill and Quinn on red alert.

A United Kingdom Commercial Court had ordered a stay of execution of the $9.6billion damages secured against Nigeria by P&ID pending the determination of an appeal by the Federal Government.

It however asked the government to make a security payment of $200million to the court within 60 days

The court also granted Nigeria’s leave to file an appeal against the award.

But the court upheld the award and refused to reverse the damages.

It ordered the Federal Government to pay £250,000 to P&ID as ordered by Justice Christopher Butcher of the Commercial Court in London.

Apart from challenging the legality of the $200million security deposit within the 60-day window, the Federal Government and its lawyers are looking at more opportunities of seeking redress.

Sources said the Federal Government was also looking at more legal dimensions to the case against P&ID despite the fact that it has filed a case at the UK Court of Appeal.

One of the sources said: “We are weighing more options on P&ID despite the ongoing appeal against the $9.6billion judgment secured by the company. We want to make it a battle-to-the-finish.

“We know the Irish firm and its backers are also not relenting in legal ambush against Nigeria. We have uncovered their plans which we will frustrate.

“One of the legal windows is the possibility of instructing our lawyers to file a fresh suit to set aside the arbitral award given the fraud unearthed by the Economic and Financial Crimes Commission (EFCC) before a UK Court.

“We might also consider a fresh suit for tortious liability against P&ID.”

Tortious liability is described by Business Dictionary as: “Legal obligation of one party to a victim as a result of a civil wrong or injury. This action requires some form of remedy from a court system.

“A tort liability arises because of a combination of directly violating a person’s rights and the transgression of a public obligation causing damage or a private wrongdoing. Evidence must be evaluated in a court hearing to identify who the tortfeasor/liable party is in the case.”

The source added: “This (tortious liability) is apart from the step we are taking to register the forfeiture of assets of P&ID to the Federal Government as ordered by a Federal High Court. This may well turn out to be the most effective course for the Federal Government.

“We may also take advantage of Mutual Legal Assistance Treaty (MLAT) between Nigeria and some countries to bring some P&ID officials to justice in Nigeria. I think the EFCC has sent a request on MLAT to the Federal Ministry of Justice on this.”

Another source said: “The Federal Government may ask the International Police (INTERPOL) to place a co-owner of P&ID, Brendan Cahill and Adam Quinn, the son of the owner of P&ID, Michael Quinn on red alert.

“We want these two highly-placed suspects to be extradited to Nigeria for trial. They have a case to answer.”

Responding to a question, the source added: “There is certainly no going back on the trial of some companies and suspects implicated in the criminal conspiracy which led to the arbitral award against Nigeria.

“The government will not stop the ongoing trial of a former Legal Adviser of the Ministry of Petroleum Resources, Mrs. Grace Taiga for corruption and procurement fraud.”

“Those to be prosecuted are Goidel Resources Limited, ICIL Limited and all other associated companies of P&ID BVI.”

https://thenationonlineng.net/9-6b-judgment-fg-seeks-interpol-action-against-pid-directors/

Sagamaje:
All dis trash no be my problem na how dem go take open boarder dey worry me cos naija rice stone fit finish my teeth

They are blocking thieves from stealing and you're complaining about rice. All the stoneless rice you've been eating, how has it made your life better? Aren't you the same person who wanted to use 500 Naira to get 10 Million?

If those thieves had their way, your children would be boiling stones to eat instead of rice.

SarkinYarki:


Shut up which thieves ? Are you Buharist not tired of lies ? PI& is far safer than the Buhari govt for Nigerians ...

Buharists not Buharist.

If the money for your education wasn't stolen by these same thieves, you would have known the difference.

BTW, I'm not a Buharist.

The Buhari presidency could had spared this nation all these iberiberism but seriously goofed in their vendetta on this international conspiracy.

One of the concern is that why is the government still shielding Mohammed Sanusi Bakindo-the then GMD of NNPC when the alleged fraudulent contract was signed?

We better do.

Hmmm

Sagamaje:
All dis trash no be my problem na how dem go take open boarder dey worry me cos naija rice stone fit finish my teeth

Stale!

Sagamaje:
All dis trash no be my problem na how dem go take open boarder dey worry me cos naija rice stone fit finish my teeth

There is so many ones that are stone free enemy of progress has parked here Abeg adaminna rice there is no stone ebonyu rice no stone anambra rice no stone kano rice no stone so shut up your mouth empty cocoyam head

Better.. Infact, supported..

Let EFCC goes for the local conspirators . No peace for the looters.

And all this shady deals happened under the clueless and visionless party, Pdp

Pdp in Nigeria, never again

For a country struggling to cater for its masses and with such debt profile, the court is quite inconsiderate to Nigeria.
FG should explore anyway they can to avoid making this payment. Some unscrupulous elements will always want to benefit from this.

Sagamaje:
All dis trash no be my problem na how dem go take open boarder dey worry me cos naija rice stone fit finish my teeth

Boring

This is a welcome idea , they need to be check and balance

When Nigerian Government decides to work they become beast. Great move though

Interesting




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Nigeria will come out top of this.

Imagine one yeye crew want to scam Nigeria? Not gonna happen. Our eyes are open on this one.

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I never still understand the story with this P & ID

Time for Pachukwudi44 to cry some more.

helinues:
Better.. Infact, supported..

Let EFCC goes for the local conspirators . No peace for the looters.

And all this shady deals happened under the clueless and visionless party, Pdp

Pdp in Nigeria, never again

True bro.
Life under APC has been so fruitful, flawless and free of all shady deals. I'm sure most Nigerians are shocked by the 'cluefulness' and 'visionfulness' of the ruling party.
That's why EFCC had been hunting other party evildoers, because APC is filled to the brim with saints.
I love the way nobody under PDP when these dirty deals were going on can be found in APC.

P&ID will at last come and beg us for forgiveness for trying to scam Nigeria in broad daylight.

RichDad1:

Stale!

y u no dey lik better tin, wch kind of pple z dz

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Interpol and UK may likely reject our extradition request.
The P&ID guys can go to court and ask the British court to stop their extradition by stating that our Judiciary or rule of law are not respected by the executive and they'll go ahead to prove it simply by googling Dasuki, El Zakky, Sowore, etc. UK will not send its citizens to where the rule of law aren't respected.

Ok

duptie:
y u no dey lik better tin, wch kind of pple z dz

What is better thing ?

Y

signz:
Interpol and UK may likely reject our extradition request.
The P&ID guys can go to court and ask the British court to stop their extradition by stating that our Judiciary or rule of law are not respected by the executive and they'll go ahead to prove it simply by googling Dasuki, El Zakky, Sowore, etc. UK will not send its citizens to where the rule of law aren't respected.

Keep wailing

DesChyko:


True bro.
Life under APC has been so fruitful, flawless and free of all shady deals.
That's why EFCC had been hunting other party evildoers, because APC is filled to the brim with saints.
I love the way nobody under PDP when these dirty deals were going on can be found in APC.

Enemy of the nation spotted..The said money belongs to every Nigerians except if you do not pay tax one way or the other which is not possible .

Every sane Nigerians supposed to be happy with this developments excepts......