Nigeria's independent online newspaper
Nigeria finally succeeded in halting the enforcement of the $11 billion arbitration award in favour of P&ID after over five years of legal fireworks.
In making his determination, Knowles said: “In the circumstances and for the reasons I have sought to describe and explain, Nigeria succeeds on its challenge under section 68. I have not accepted all of Nigeria’s allegations. But the Awards were obtained by fraud and the Awards were and the way in which they were procured was contrary to public policy.
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