Process & Industrial Developments, a firm set up to carryout a gas project with Nigeria, won a $6.6 billion arbitration award after the deal collapsed. The award has been accruing interest since 2013 and is now worth more than $9 billion.
The original decision on August 16 converted an arbitration award held by P&ID to a legal judgment, which would allow the British Virgin Islands-based firm to try to seize international assets. P&ID welcomed the requirement that Nigeria place $200 million on hold pending the appeal, which it said will force the nation “to put its money where its mouth is if it wants to avoid immediate seizure of assets”.“The Nigerian government knows there was no fraud and the allegations are merely political theatre designed to deflect attention from its own shortcomings,” it said in a statement.
MBuhari Nigeria must not pay. Did Britain compensate African countries for colonial looting?
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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Nzimande lauds diplomatic relations between S Africa and China - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Nzimande lauds diplomatic relations between S Africa and China Minister of Higher Education, Science and Technology, Dr Blade Nzimande says diplomatic relations between South Africa and China are beneficial to both nations, not just China. This is a Communist🤨 Ask what about the wool export useless minister
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Lana Marks nominated as next Ambassador to South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The United States Senate has confirmed President Donald Trump's nominee to be the next Ambassador to South Africa. Thuma mina to sidelines blacks 🤗🤗🤗🤗
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Some Nigerians acknowledge harm caused by their countrymen: Meshoe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.ACDP leader the Reverend Kenneth Meshoe says many Nigerian members of the Nigeria-South Africa Unity Forum acknowledged that many of their countrymen are involved in crime in South Africa. The LAW of Karma will bear its effect on SA for xenophobic attack on NIGERIANS that will be worst than APARTHEID. AND SO SHALL IT BE! THE LAW OF KARMA?WHY THEY DONT KEEP THEIR DRUG DEALERS AT THEIR HOMES OF BIRTH?NIGERIA IS HAVING RICHEST RESOURCES IN THE WORLD ENJOYED BY DICTATORS LIVING LAVISH LIFE WE DONT NEED NYAOPE IN MZANSI WE SAW NIGERIAN SELLING NYAOPE WHEN COPS ARRIVED HIS SOUL WILL BE IN HELL WORLDWIDE NIGERIANS GOT ARRESTED DEPORTED NOT FOR WORKING HARD BUT BY DRUGS ISSUES,HUMAN TRAFICKING IN MZANSI WE DONT NEED THAT SHIT WE HAD ENOUGH THE WAS NO XENOPHOBIA IN MZANSI WE FIGHT FOR OUR FUTURE NIGERIANS TRY TO KILL NO APOLOGY TO ME DRUGS WE WILL FINISH IT OURSELVES
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BREAKING NEWS: Banking strike cancelled by court | IOL Business ReportThe planned banking strike by trade union Cosatu and banking union Sasbo has been stopped in its tracks by a Labour Court ruling on Thursday morning. It is disgusting that the courts sided with those who have their heels on the head of the Workers So much for your ethos Busa You are part of the problem North West or which court? I knew it was not going to happen now, they will probably delay it until next month end.
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