THE shady status of the oil contract, whose alleged breach led to the $9.6 billion judgment against the country was further stamped on Thursday.
A former Attorney General of the Federation and Minister of Justice Michael Aondooakaa, said it was never debated for approval by the Federal Executive Council .
Chief Aondooakaa, who was the country’s chief law officer in 2010 when the contract was purportedly signed, said in a telephone chat with The Nation “I can tell you that no such contract was brought for deliberation to the best of my knowledge “I did not see such contract and since the news broke I have been wondering how this was possible.”
Malami, with the Minister of Information, Alhaji Lai Mohammed; Finance Minister Hajia Zainab Ahmed; and Central Bank of Nigeria Governor Godwin Emefiele, addressed a news conference on Tuesday to condemn the judgment and to assure Nigerians that the decision would be legally upturned. They also reaffirmed that the country’s assets abroad are safe.
He said the government successfully applied to have the award set aside by the Federal High Court in Lagos, but the Tribunal ignored this decision. “Nigeria was represented on the arbitration by the former Attorney-General of the Federation and Minister of Justice, Chief Bayo Ojo .’’
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