Mega-award leads to blowback in Nigeria
A natural gas processing plant (Credit: istock.com/CreativeNature_nl)
A British Virgin Islands company that won a US$9.6 billion award against Nigeria over a failed gas-refining deal has been ordered to forfeit its local assets after two former employees pleaded guilty to fraud and tax evasion charges, in what the award creditor has called a “sham trial”.
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