Malami, Magu, Emefiele, others in UK to quash $9.6b verdict

– Fed Govt seeks extradition of P&ID owner’s son to face charges
– AGF, IG, CBN governor, EFCC boss, Information minister in London

The Federal Government has assembled a formidable team that has arrived the United Kingdom to challenge the $9.6 billion arbitration judgment against Nigeria.

A government’s high-powered team is in London ahead of Thursday’s court session in the matter against Process and Industrial Development (P&ID).

TheNation reports that besides, the Economic and Financial Crimes Commission (EFCC), which secured conviction and forfeiture order against P&ID Nigerian affiliate, has filed charges against two firms linked to P&ID.

The anti-graft agency is also set to put James Nolan, an associate of the owner of P&ID, the late Michael Quinn, on trial.

The three suspects may forfeit all their assets in Nigeria to the Federal Government.

The firms are Goidel Resources Limited and  ICIL Limited.

It was also learnt that the Federal Government may seek the extradition of Adam Quinn.

Those on the high-powered delegation has been sent to London are the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN); Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele; Inspector-General of Police Mohammed Adamu; acting Chairman of the EFCC, Mr. Ibrahim Magu and Minister of Information Lai Mohammed, among others.

Malami on Sunday said the Federal Government had not ruled out the possibility of filing a new case in the UK against P&ID.

He confirmed that a Nigerian delegation had left for London to discuss with the legal team on strategies of  dealing with the case.

The minister said: “The Nigerian delegation has left for the United Kingdom to discuss with the legal team on strategies dealing with the recent development regarding the P&ID contract judgment.

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”All cards are on table but it all depends on the potency for setting aside the award having regards to the applicable law in the circumstances.

“No possibility is ruled out, including possibility of filling new case and or using existing proceedings to seek relief of setting aside the award (of the contract) cannot be ruled out”.

Some of those on the Federal Government team to London for the legal battle, might present documents and reports;  swear to affidavits on the investigations conducted on P&ID and the outcome. They might also serve as witnesses.

It was gathered that the Federal Government delegation will weigh all options, either to build on existing case or file a new case against P&ID.