Nigeria: Prosecute Nigerians Linked to Failed P&ID Scam

October 30, 2023
[Daily Trust] The judge of the Commercial Court of England & Wales, Justice Robin Knowles, last week saved Nigeria from becoming a victim of a monumental financial scam to the tune of $11 billion (approximately N13 trillion), or half of the country's proposed 2024 budget. If the ruling had gone in favour of the crooks, the Process & Industrial Developments (P&ID) company and its Nigerian collaborators, the Central Bank of Nigeria (CBN), would have lost assets worth a huge amount in Europe or America.

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