justice (partially) served
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Posted on
October 24, 2023 13:35
An English judge has ruled that the offshore company wielded bribery and perjury to secure a fraudulent $11.5bn arbitration award.
England’s High Court ruled on Monday that Process & Industrial Developments Ltd (P&ID) committed a multi-billion-dollar fraud against Nigeria. The landmark ruling follows a decade of high-stakes litigation opposing the West African state to the small offshore company.
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