ICC Tribunal Flags $500K Payment to Atiku's Ex-Wife in Mambilla Dispute
“I confirm that I made a transfer of $500,000 to the Abubakars through my company China Castle Investments Ltd in early 2003,” Mr Adesanya said in his fourth witness statement, according to the tribunal award. The post $500,000 payment
An ICC tribunal heard testimony that a $500,000 payment was made through China Castle Investments Ltd to the Abubakars in early 2003, a transaction the tribunal flagged as raising "significant red flags" in the Mambilla dispute. The payment was confirmed by a witness, Mr Adesanya, in his fourth witness statement. The dispute concerns the long-running Mambilla hydropower project arbitration.
Filed Under
What did you make of this
Sign in to react and save stories. Reading is always free.
Be the first to comment
Sign in to join the conversation. Reading is always free.
Related Reports & Analysis
Mambilla: Malami Tried to Deceive Buhari, Struck Corrupt Deals, ICC Tribunal
The Tribunal noted that Mr Malami failed to appear before it to give evidence, adding that he acted against Nigeria’s interest and was “motivated by other incentive(s)”. The post Mambilla: How Malami attempted to deceive Buhari, struc
ICC tribunal rules in Nigeria's favour, rejects $3.38bn Mambilla claim
An International Arbitration Tribunal under the auspices of the International Chamber of Commerce (ICC) in Paris has ruled in favour of Nigeria, rejecting claims by Sunrise Power and Transmission Company Ltd (Sunrise) with a combined value
Atiku seeks fuel price relief amid Mambilla $500,000 payment scrutiny
Atiku Abubakar, former Vice-President, on Friday did not refer to a $500,000 payment involving his former wife that was examined read more Atiku calls for fuel price relief as Mambilla ruling renews scrutiny of $500,000 payment
Tinubu Reacts as Nigeria Wins Arbitration Against Sunrise Power
Thursday's ICC ruling clears the single biggest legal hurdle that has paralysed the Mambilla hydro power project for years, the statement said. The post Tinubu reacts as Nigeria wins arbitration against Sunrise Power appeared first on Premi