Mambilla: Malami, Fagbemi give opposing accounts of ICC’s ‘$3.38 billion’ ruling

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Mambilla: Malami, Fagbemi give opposing accounts of ICC’s ‘$3.38 billion’ ruling

AI Summary

Former and current Nigerian Attorneys-General have provided opposing accounts of an ICC ruling that favored Nigeria in rejecting approximately $3.38 billion in claims linked to the Mambilla Hydroelectric Power Project. The ruling by the International Chamber of Commerce in Paris impacts the Sunrise Power and Transmission Company Ltd case.

Former Attorney-General of the Federation, Abubakar Malami SAN, and his successor, Lateef Fagbemi SAN, have given opposing accounts of the International Chamber of Commerce (ICC) ruling in Paris, which ruled in favour of Nigeria and rejected about $3.38 billion in claims by Sunrise Power and Transmission Company Ltd (Sunrise) linked to the Mambilla Hydroelectric Power Project in Taraba State. The post Mambilla: Malami, Fagbemi give opposing accounts of ICC’s ‘$3.38 billion’ ruling appeared first on Nairametrics.

Politics Deals Energy Nigeria ICC ruling Mambilla Hydroelectric International Chamber of Commerce energy project legal dispute Sunrise Power tariff

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