Tag: PID
$9.6b P& ID Claim: Briton Nolan jailed, Irish Adam Quinn at large
Justice Okon Abang of the Federal High Court, Abuja remanded a Briton in prison today for his alleged complicity in…
The Scams of P&ID: Federal Government
The Nigerian Government has given details of fraudulent circumstances surrounding the Gas Supply Processing Agreement (GSPA) with Process and Industrial…
P&ID: Nigeria will appeal $200m conditional payment – Lai Mohammed
The Federal Government will appeal the order of a UK commercial court awarding 200 million US dollars conditional payment for…
Nigeria optimistic P&ID’s $9.6b judgment will be set aside
The Minister of Information and Culture, Alhaji Lai Mohammed has expressed optimism that the entire arbitration decisions and judgment debt…
$9.6 billion award: P&ID mocks Nigeria after court’s ruling on stay of execution
The Process and Industrial Developments (P&ID) has reacted to the ruling of the United Kingdom Commercial and Arbitration Court which…
UK court orders stay of execution of $9.6bn award to P&ID
The United Kingdom Commercial and Arbitration Court on Thursday ordered a stay of execution of the $9.6 billion damages awarded…
Buhari tells World Leaders: Foreign criminal gang out to dupe Nigeria of $billions
President Muhammadu Buhari on Tuesday in New York alerted World Leaders on attempts by international criminal groups to cheat Nigeria…
P&ID $9.6billion: Malami, Lai, Emefiele, IGP Adamu leave for London
Justice Minister, Mr Abubakar Malami; the Inspector-General of Police, Mohammed Adamu, and the Governor of Central Bank of Nigeria, Godwin…
P&ID Judgment: Nigerian team departs for London
A Nigerian legal team has left for the United Kingdom to discuss with lawyers in the UK on strategies to…
P&ID reacts to Abuja trial and conviction
Process and Industrial Developments Limited reacted to the trial and conviction of two of its directors in Abuja today and…
Court Convicts 2 P&ID Directors, Closes firm
The Economic and Financial Crimes Commission EFCC has secured the conviction of commercial director of Process and Industrial Developments Limited,…
Nigeria hits back at P&ID, court orders seizure of assets for fraud, tax evasion
The Nigerian legal system hit back at the Irish company, Process and Industrial Development (P&ID) demanding $9.5billion as arbitration claims…
Buhari govt. finds silver bullet to shoot down $9.6b P&ID claim
The Buhari administration may have found a silver bullet to shoot down the $9.6billion world record claim against Nigeria's assets…
$9.6bn judgment: Protest rocks UK High Commission Office
Protest has rocked the United Kingdom High Commission Office in Abuja following $9.6 billion award granted to Process and Industrial…
$9.6b judgment: How P&ID snubbed Buhari’s $600m offer
A fact-sheet now in circulation has debunked accusations by Messrs Process and Industrial Developments (P&ID) that Nigerian officials were indifferent…