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Nairaland Forum / Nairaland / General / Politics / US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria (18994 Views)
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Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by Kukutenla: 6:18pm On Aug 16 |
@fergie001 Sorry to call you here. I told you the other time that Nigerian courts saying allegations of forgery are criminal in nature and must be proven beyond reasonable doubt are not serious. If the English court had also applied same principle, no way Nigeria could have gotten out of that P&ID case because all the allegation of bribery which Nigeria used to quash the case where not established through judicial process but rather through statements to EFCC. Yet the arbitration court used it to quash the $11bn judgement against Nigeria. Nigeria thus, benefitted from something its own courts do not accept. You see am now? |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by PressMyButton: 6:19pm On Aug 16 |
Kukutenla:Who gave the guarantee?, kukute brain. |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by Kukutenla: 6:24pm On Aug 16 |
SmartyPants:If you had facts, you won't jump at that when I raised it. Look, I'm just telling you Nigeria's side of the story which the British court accepted and went with in quashing the deal. Don't forget that Quinn mentioned so many people that he claimed were aware of the deal including both Yar'adua and Jonathan as Presidents. He also mentioned both Lukman and Madueke as Petroleum ministers then. An MOU is not a worthless piece of paper. It is a statement of preliminary agreement which may be binding or non-binding as the terms may be The deal was not executed. Nigeria stalled it. Nigeria's argument is that we are not liable to pay damages for not supplying gas since you had not built the plant. The P&ID's argument was that that was not stated in the contract. The British court agreed with P&ID in that instance. That the contract was signed by a Director who had no right to sign was not known to the British courts as well. But let's tell ourselves fact as Nigerians. Is it possible for the woman to sign such deal if she was not told to do so by her superiors? Look, you don't know much. Just die the matter |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by fergie001: 6:30pm On Aug 16 |
Kukutenla:But na 9ja we dey nah? We go do am as Dem talk say e be. However, criminal cases are one of the most difficult to prosecute. |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by Kukutenla: 7:00pm On Aug 16 |
PressMyButton:Mugu What's wrong with giving guarantee? Nor be una dey find investors? |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by Kukutenla: 7:05pm On Aug 16 |
fergie001:Lol of course Which is why Nigerian courts in electoral disputes intentionally instituted the clause to make it more difficult for whoever is alleging. If INEC is saying a document is not coming from them and you're telling INEC to prove it beyond reasonable doubt. No be winch be dat? I nor gree! That thing na setup. It even conflicts with their other stance that only a maker of a document can attest to its validity or otherwise which is a good, common sense principle |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by ajealadick(m): 9:36pm On Aug 16 |
They should seize everything these politicians use to flaunt and make an average Nigerian look like a failure. After all the citizens don't have access to these luxuries |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by GoodJohn: 5:42am On Aug 19 |
The discussion is thorough |
Re: US Court Affirms Chinese Firm’s $70m Arbitration Award Against Nigeria by Iamanoited: 8:30am On Aug 19 |
US court affirmation of Chinese firm’s $70m arbitration award against NIGERIA IS OF NO EFFECT IN NIGERIA. |
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