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Home Law/Judiciary

P&ID: No negotiation for fraud – Malami

gfhnews.com by gfhnews.com
September 10, 2020
in Law/Judiciary
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All Nigeria's stolen wealth will be recovered – Malami - P.M. News

TheAttorney-General of the Federation and Minister of Justice, Abubakar Malami,SAN says the Federal Government is not considering any possibility of negotiations with P&ID case.

Malami made the assertion in a statement by Dr Umar Gwandu, his Special Assistant on Media and Public Relations in Abuja on Thursday.

According to Malami, there will be no negotiation or talk of settlement with P&ID or any related party by or on behalf of the Federal Government of Nigeria.

“The recent judgment of the English Commercial Court confirmed our view that P&ID and its cohorts are fraudsters who have exploited our country and they will not benefit from their corrupt behavior.

“This is a classic case with overwhelming fraudulent and corrupt undertones and Nigeria is not considering any possibility of negotiations with P&ID

“We will not and cannot negotiate arbitral awards where the basis and foundation rely on fraud, corruption, breach of processes and procedures’’.

He said the government remains wholly committed to fighting this case to overturn the exorbitant award without paying a single naira of public money to these fraudsters.

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