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FACTS AND DETAILS OF THE P&ID CASE 2

TIMELINE OF EVENTS

A timeline of key moments on the dispute from 2010 to present.
1. P&ID procures a gas supply and processing agreement (GSPA) to develop a sophisticated processing plant for the Federal Republic of Nigeria.
Attorney General @MalamiSan Witness Statement No.4 item 38 p.19 (2019)

January 11, 2010
2. 2 years later, work on the gas processing plant has yet to begin. The agreement collapses. P&ID launches private arbitration proceedings against the Federation. In a highly unusual move, the @FMPRng at the time maintained exclusive control over the proceedings.
August 22, 2012 Attorney General Malami Witness Statement No.4 item 54.1 p.2
3. Three years after the collapse of the agreement, a new President, @MBuhari is voted into office on an internationally recognised anti-corruption platform.

May 29, 2015

theguardian.com/world/2015/may…
4. The private arbitration tribunal orders Nigeria to pay P&ID just under US$6.6 billion with interest accruing from 20 March 2013 at a rate of 7%, which equates to more than US$1 million a day. It now stands at nearly US$10 billion.

January 31, 2017

stearsng.com/article/nigeri…
5. Nigeria’s Attorney General @MalamiSan starts a formal investigation into P&ID and the GSPA, at President Buhari’s direction.

Attorney General Malami Witness Statement No.4 item 59 p.26

June 28, 2018
6. Following the investigation, P&ID and P&ID Nigeria (a linked Nigerian entity) are convicted on an eleven-count charge, including money laundering and fraudulently claiming to have acquired land.

September 19, 2019

energyvoice.com/oilandgas/afri…
7. A former legal adviser to the Ministry of Petroleum Resources is charged for accepting bribes and failing to follow protocol when authorising the GSPA

September 20, 2019

premiumtimesng.com/news/headlines…
8. The Federal Republic of Nigeria is granted permission to appeal the arbitration decision in the London Court of Appeal.

September 26, 2019

ft.com/content/f67046…
9. Two Britons associated with P&ID, (one of whom is a signatory of P&ID accounts), are charged with 16 counts of money laundering, in connection to the GSPA. This is later increased to 32 counts.

October 22, 2019

uk.reuters.com/article/uk-nig…
10. @Nigeria argues before the London High Court that the GSPA and arbitration decision should be objectively scrutinised, and any award delayed. The High Court agrees.

November 25-28, 2019

reuters.com/article/nigeri…
11. Nigeria’s legal team file substantive evidence in the London High Court that the GSPA was procured through fraud and corruption. They argue that the agreement and (then) US$9.7 billion arbitration award must be overturned.
The Court sets down a timetable for Nigeria's case to be considered. Despite many opportunities to do so, P&ID says nothing to rebut the overwhelming evidence of fraud and corruption.

December 5, 2019

uk.reuters.com/article/uk-nig…
12. Nigeria’s former Justice Minister, at the time the GSPA was made, is arrested.

December 19, 2019

vanguardngr.com/2019/12/malabu…
13. The London High Court sets out a timeline to formally hear Nigeria’s challenge.

January 24, 2020

bloomberg.com/news/articles/…
For latest updates and detailed facts of the P&ID case,
Visit: nigeria-pandidcase.org
FACTS AND DETAILS OF THE P&ID CASE 3
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Federal Ministry Of Justice
@FedMinOfJustice
FACTS AND DETAILS OF THE P&ID CASE 3

Statements From the Attorney General of the Federation @MalamiSan

December 6, 2019:

The Federal Republic of Nigeria filed a new and substantive challenge in the English Courts, in our ongoing fight against the vulture-fund-backed P&ID.
This is a major step forward in our bid to overturn the injustice of the US$9.6 billion award.
The challenge argues that the gas supply and processing agreement (GSPA) is based on fraud and that the subsequent arbitral process was riddled with irregularities and deliberately concealed from the rest of the Government.

bloomberg.com/news/articles/…
Read 19 tweets
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Federal Ministry Of Justice
@FedMinOfJustice
FACTS AND DETAILS OF THE P&ID CASE
@NigeriaGov is fighting to overturn a scam agreement, procured through fraud and corruption by a vulture-fund backed shell company: P&ID.
Almost US$10 billion is at stake. This is what P&ID is claiming from Nigeria after the agreement was revealed as a scam and collapsed.
The agreement was to build a sophisticated gas processing plant. P&ID was however run by a failed music producer.
It had no technical capabilities and few employees. It never had the ability to fulfil the agreement – and never intended to.
Read 54 tweets
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Federal Ministry Of Justice
@FedMinOfJustice
OFFICIAL PRESS STATEMENT OF HONOURABLE ATTORNEY GENERAL OF THE FEDERATION AND MINISTER OF JUSTICE, @MalamiSan ON THE PREVALENT GENDER BASED VIOLENCE AND SEXUAL ASSAULT IN THE COUNTRY
The attention of the Office of the Honourable Attorney-General of the Federation and Minister of Justice @MalamiSan has been drawn to the prevalent and rising incidence of rape and sexual assault in the country.
The @FedMinOfJustice is the primary institution responsible for the administration of Justice, the articulation and defense of the Constitutional values and principles in the governance of the Country.
Read 21 tweets

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