JUST IN: Nigeria wins as UK court dismisses $11 billion P&ID suit

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JUST IN: Nigeria wins as UK court dismisses $11 billion P&ID suit
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The UK court upheld Nigeria’s prayer on the ground that the ill-fated gas processing contract was obtained by fraud.

Nigeria claims that the collapsed gas processing project was procured by a campaign of bribery and fraud.

In a judgment Monday, a UK court upheld Nigeria’s prayer on the ground that the ill-fated gas processing contract was obtained by fraud.

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