Tag Archives: Bank

Nigeria secures landmark victory in bid to overturn P&ID judgement

    Nigeria has secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID). Delivering his judgement on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of … Continue reading Nigeria Secures Landmark Victory In Bid To Overturn P&ID Judgement

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Edevbie, other forfeits of N827.6m to EFCC

  The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited. Both firms are linked to contractors with the Niger Delta Development Commission (NDDC),  Matthew Edevbie is the Chief Executive Officer of Flank Power Resources Limited. In a statement by the … Continue reading EFCC Gets Final Forfeiture Of N827.6m From NDDC Contractors

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