$9.6b judgment: P&ID owner’s son reaches out to FG
THERE appears to be a silver lining over the controversial $9.6billion judgment debt with a son of the owner of Process and Industrial Developments reaching out to the Federal Government for an amicable resolution of the issue in dispute.
A presidency source said: “There is a fresh offer from the son of the founder of P&ID for fresh talks and negotiation with the Federal Government. Adams Quinn is just interested in amicable resolution of the issue in dispute. “We are suspecting that Adams wants to handle the matter in a mature manner without the prying eyes of those fueling the controversy.”
Quinn stuck with the industry for a while after the show bands’ popularity declined—newspaper reports suggest he arranged an Irish tour by Diana Ross and the Supremes—but there was more money to be made elsewhere. “Officials struggled to persuade big multinationals to invest in the required infrastructure, so concessions were granted to 13 smaller companies, some virtually unknown. One was Process and Industrial Developments Ltd., or P&ID, which was registered in the British Virgin Islands but had no website or track record. Its chairman was Michael “Mick” Quinn, a 68-year-old Irishman with a rakish mustache and decades of experience in Nigeria, mostly as a military contractor.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gbajabiamila Confers With PMB Over Budget, $9.6bn UK DebtGbajabiamila Confers With PMB Over Budget, $9.6bn UK Debt President Muhammadu Buhari yesterday held a crucial meeting with the Speaker of the House of Representatives, Hon. Femi Gbajabiamila, over the 2020 budget
Read more »
$9.6bn judgment: Nigeria can’t bully us, says P&ID
Read more »
$9.6bn judgment debt: How Jonathan aborted plans to pay $850m to P&IDFRESH facts emerged on Friday that ex-President Goodluck Jonathan aborted plans to pay $850million to Process and Industrial Development
Read more »
$9.6bn: P&ID recruiting unpatriotric CSOs to blackmail Malami, Coalition alerts - Vanguard NewsNigeria News - A coalition of some civil society organisations under the aegis of Guardians of Democracy and Development, Transparency and Accountability
Read more »
The $9 Billion P&ID Scam: Between T.Y Danjuma and Government Lawyers, By 'Tope Fasua - Premium Times OpinionGrowing up in the military days, I used to wish to grow up to be as handsome as T. Y. Danjuma. I have an eye for things beautiful and Danjuma was indeed tall, dark and handsome in the rank of the army officers whose names, ranks and positions we had …
Read more »
$9.6bn judgment: Nigeria can’t bully us, says P&ID
Read more »