Nigeria has levelled fresh claims of fraud against a little-known offshore firm, Process and Industrial Developments, which earlier won an $11 billion arbitration award against the country, ramping up the pressure ahead of one of the biggest London trials to take place next year.
The federal government would seek to prove to the court that P&ID did not make full disclosure to the court in the first place in the course of the case.
Nigeria has levelled fresh claims of fraud against a little-known offshore firm, Process and Industrial Developments, which earlier won an $11 billion arbitration award against the country, ramping up the pressure ahead of one of the biggest London trials to take place next year.
The federal government would seek to prove to the court that P&ID did not make full disclosure to the court in the first place in the course of the case.
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