Nigeria: $9 Billion Case - Nigeria Govt Files New Lawsuit Against P&ID

8 December 2019

The Nigerian government has filed a new lawsuit against the management of British Virgin Island firm, Process and Industrial Development (P&ID).

This is based on new evidence discovered days after a London high court received a bank guarantee of $200 million from the Federal Government of Nigeria to secure a stay of execution on asset seizures of up to $9 billion.

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