November 17, 2021
Business

Nigeria: P&ID Scam – EFCC Re-Arraigns Two Britons

One of the defendants, who was said to be at large, was arraigned in absentia in respect to the P&ID scam.

The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned two British nationals over their alleged involvement in the controversial Process and Industrial Development (P&ID) gas processing contract.

The contract led to the $9.6bn arbitral awards to P&ID Limited by a United Kingdom commercial court.

James Nolan and Adam Quinn were arraigned alongside ICIL Limited before a judge, D.U. Okorowo, of the Federal High Court, Abuja.

Mr Nolan pleaded not guilty to the 32 counts including money laundering and tax evasion.

Mr Quinn, who was said to be at large, was re-arraigned in absentia, with “not guilty” plea recorded for him and the judge.

Similarly, a “not guilty” plea” was recorded for the company.

According to a statement by the EFCC spokesperson, Wilson…

Read full article here: allafrica.com