Decision day as court rules on US $9 Bn Nigeria claim

摘要

Nigerian officials are attending a court hearing today after the judgement that Process and Industrial Developments Ltd(P&ID)could seek to seize more than US $9 Bn of assets was finally taken seriously and caused a flurry of action.The Nigerian government is looking at retaliating with its own case while becoming more vigorously involved in the original ruling.Last week,one former petroleum ministry official was charged with accepting bribes and failing to follow protocol,while two men linked to P&ID pleaded guilty to charges of fraud and tax evasion on behalf of the company.”We will do whatever it takes to ensure the protection of the interests of the Nigerian government and the Nigerian people,”attorney general,Abubakar Malami,told Reuters.