The Attorney-General of the Federation, Abubakar Malami , has said there is no limit to those being quizzed by security agencies over the controversial gas contract for which a United Kingdom court ha
s asked the Process and Industrial Developments Limited to seize $9.6bn in Nigerian assets.
“I wouldn’t like to be specific on personalities, but I want to state categorically that those that were involved in the process of drafting the agreement, signing the agreement and conduct of the contract are being investigated for the purpose of establishing the existence of fraud or otherwise.” “There was no time for us to appeal because the previous administration did not appeal against the judgment when it was made in June 2014.“So, with the lapsing of time to appeal, you could not have filed an application to either set aside the award or to stay execution. You require the leave of the court to appeal an award. That leave would have been very difficult because Nigeria as of then had been adjudged to have slept over its rights to appeal.
“And for your information, legally speaking, fraud could be a ground for setting aside an award without necessarily having to go through the rules of seeking for leave.
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