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UK Home Secretary's Shady Link To P&ID: Private Eye - Politics - Nairaland

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UK Home Secretary's Shady Link To P&ID: Private Eye by AbujaBlue: 12:11pm On Sep 20, 2019
See below an article on UK Home Secretary Priti Patel's shady links with the crushing verdict where Nigeria was ordered to pay $9bn to small private company P&ID. For that story see: https://www.bbc.co.uk/news/world-africa-49377517


This is a quote from the article. See the full piece attached below (it is only released in hard copy by Private Eye, not online).

"P&ID, which had never built anything but had many well-connected local friends, won its original contract in 2010 with curiously careful provisions for what should happen if the deal soured. When it did sour, arbitrators, more or less unchallenged by Nigeria, found in P&ID's favour in 2017, awarding it US$6.6bn: all the theoretical profits P&ID might have made in a perfect world (in a very imperfect part of the world), for a power plant where ground was never actually broken. And interest of $1m a day."


For those questioning the integrity of Private Eye, it is renowned satirical and current affairs magazine in the UK, and follows stories that the UK national press don't touch. No politician, famous person etc. escape from their investigations (people always try to sue them - and usually fail. Editor Ian Hislop is the most sued man in English history).

Re: UK Home Secretary's Shady Link To P&ID: Private Eye by TobiAbuja: 5:07pm On Sep 20, 2019
This is serious. Have they appealed the ruling?

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Re: UK Home Secretary's Shady Link To P&ID: Private Eye by googi: 5:31pm On Sep 20, 2019
Poor Nigeria, your own citizens want your downfall, your friends want your downfall and your enemies want your downfall.

Who is fighting for thee?

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Re: UK Home Secretary's Shady Link To P&ID: Private Eye by AbujaBlue: 7:51pm On Sep 21, 2019
Re: UK Home Secretary's Shady Link To P&ID: Private Eye by Sunofgod(m): 8:01pm On Sep 21, 2019
Ugly Patel....Indians and economic sabotage!
Re: UK Home Secretary's Shady Link To P&ID: Private Eye by AbujaBlue: 7:04am On Sep 26, 2019
Legal battle resumes today, and Patel is back in parliament.

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