P&ID Scandal: Presidency welcomes UK court ruling

On the arbitration award, it is a source of huge satisfaction that the UK Court, among others, had ruled that:

‘‘Nigeria has established a strong prima facie case that the Gas Supply and Processing was procured by bribes paid to insiders as part of a larger scheme to defraud Nigeria. ‘‘There is also a strong prima facie case that that main witness in the arbitration, Mr Quinn, gave a perjured evidence to the Tribunal, and that contrary to that evidence, P&ID was not in the position to perform the contract.’’

The Presidency expresses delight with the processes that led to this outcome in the English Court, noting that it has given relief to the Nigerian government to further protect our national assets from criminally-minded organisations and individuals.The views of the UK court thus provide sufficient grounds for the Federal Government to go ahead and challenge the frauds perpetrated by the company and overturn the arbitration award.

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