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Sun(Set) for $2.35 Billion Scam

Olusegun Adeniyi In October 2023, Nigeria won its case against Process & Industrial Developments (P&ID) Limited which had been seeking enforcement of a fraudulent $11 billion judgement debt in its

  • Nigeria successfully sued P&ID Limited for $11 billion in October 2023
  • Sunrise Power and Transmission Company Limited's $2.35 billion claim dismissed by Paris tribunal
  • Corruption and bribery deeply entrenched in Nigerian public and private sectors

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