Nigeria files new fraud claims over US $10 Bn gas award

摘要

Lawyers for the Nigerian government filed "new and substantive" allegations of fraud with a British court relating to the US $10 Bn Process and Industrial Developments Ltd (P&ID) arbitration award. The government has been contesting efforts by British Virgin Islands-based P&ID to enforce the award for a failed gas project and is also seeking to overturn the underlying award.