Heads Will Roll over Judgment Permitting Seizure of Nigeria's Foreign Assets, Says AGF Malami - THISDAYLIVE

The Federal Government on Thursday vowed to bring to book anyone found culpable in the agreement between Nigeria and a foreign firm, P & ID, that led to the award of $9bn judgment debt against Nigeria.

Justice Butcher of the British Commercial Court while delivering judgment in the suit filed by an Irish firm, Process and Industrial Developments Ltd , against Nigeria gave the firm the go-ahead to seize Nigeria’s asset to the tune of $9bn. However, the Attorney General of the Federation and Minister of Justice, Abubakar Malami SAN, in his maiden speech at the ministry said the administration of President Muhammadu Buhari would not allow the matter to be swept under the carpet, adding that all those involved in the agreement which, according to him, was not made in the interest of the nation shall be punished.

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