A coalition of international anti-corruption groups has urged a World Bank affiliated group against scuttling Nigeria’s bid to successfully prosecute illicit funds associated with the controversial OPL 245.The petition was signed by Olanrewaju Suraju for Human and Environmental Development Agenda ; Bart-Jaap Verbeek for SOMO; Simon Taylor, Global Witness; Luca Manes, Re-Common; and Nicholas Hildyard, for The Corner House.
The groups said they were concerned about the ICSID’s long-standing failure to promulgate clear rules for addressing cases where corruption had been alleged, resulting in a well-founded perception that arbitration is now “a venue where agreements vitiated by corruption find legitimisation and enforcement”.
"A clear duty should be imposed on the arbitrators to report such suspicions to the appropriate investigatory authorities and to suspend hearings until those investigations have been concluded."
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The OPL 245 saga is a global conspiracy to stop Nigeria from developing and putting on stream one of the country's largest oil field.
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