P&ID: Court didn’t consider FG’S fraud allegations, says UK judge

6bn awarded in favour of Process and Industrial Developments nullified on the grounds of the allegation of fraud regarding the Gas Supply Processing Agreement may fail.The court in its ruling granted Nigeria leave to appeal against the enforcement of the $9.6bn arbitration award.

Many local and international media platforms only reported the most important decisions reached by the court at the September 26 proceedings, but a copy of the full ruling was seen on Saturday byJustice Christopher Butcher’s September 26 ruling highlighting the grounds upon which Nigeria could file an appeal to challenge the $9.

He added, “There is a suggestion that there may have been some sort of fraud, conspiracy or tax evasion. The judge concluded on the subject of fraud, “Those allegations have accordingly played no part in my decision in relation to permission to appeal.” The award arose from a dispute concerning a 20-year GSPA signed in 2010 between P&ID and Nigeria through the Ministry of Petroleum Resources.Under the agreement, the firm was to build in Niger Delta a gas processing plant for the refining of natural gas, also known as “wet gas” into “lean gas” which would be used by Nigeria to generate electricity.

Perhaps Nig govt is overlooking the ways they handle case 1. To report Justice Christopher Butcher to NJC, or 2. To send SSS to raid the house of Justice Butcher; or even 3. To charge Justice Butcher to the CCT, then get an order 2suspend him. They think UK is lik Nig? Yeye ppl

P&ID did to Nigeria same thing the government is doing to her citizens.. FRAUD!

The govt need to use the best brains to catch these fraudsters and corrupt arbitration court

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