Anatomy of a fraud: Nigeria saved from economic collapse

2023-10-28 11:30:39

The Royal Court of justice (London)© Adobe Stock The Royal Court of justice (London)
© Adobe Stock

The Royal Court of justice (London)© Adobe Stock The Royal Court of justice (London)
© Adobe Stock

Published on October 28, 2023

Lecture : 7 minutes.

“This historic verdict unequivocally demonstrates that nations can no longer be held hostage by conspiratorial economic maneuvers in between private companies and corrupt individuals within the administration, Who seek to exploit and indebt the countries they claim to serve et protect. » The tone is solemn: the Nigerian president She was Tinubu has just learned of the decision of Justice Knwoles of the Haute English Court finding that Process & Industrial Developments Ltd (P&ID) had perpetrated a multi-billion dollar fraud on costs from Nigeria. This decision concludes a decade of litigation major between the West African state and this small business offshore.

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