Alleged $9.6 Billion P&ID Fraud: Fleeing Briton’s Surety Arrested, Produced In Court

Abiola Olawale
Writer
COURT

Ad

BREAKING! Alleged $7.2bn Fraud: EFCC Quizzes Ex-NNPCL Boss, Mele Kyari

By Abiola Olawale The immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has reportedly been grilled on Wednesday by the Economic and Financial Crimes Commission (EFCC) over allegations of multi-billion-dollar fraud. Reports emerging on Wednesday revealed that Kyari voluntarily appeared before the EFCC to answer questions…

NNPC Boss, Kyari Supports Subsidy Removal Say FG Owes His Company N2.8tn

Akpabio vs. Natasha: Ezekwesili accuses Senate is leading a misadventure to destroy Democracy, rule of law in Nigeria

By Abiola Olawale In a scathing open letter released on Wednesday, a former Nigerian Minister of Education and renowned public policy advocate, Dr. Obiageli Ezekwesili, has accused the Nigerian Senate, led by President of the Senate, Senator Godswill Akpabio, of alleged constitutional violations. Ezekwesili claimed that the Senate allegedly assaulted democratic principles by refusing to…

Arise IIP raises $700m in Africa infrastructure deal, welcomes Saudi Vision Invest as shareholder

By Obinna Uballa Arise Integrated Industrial Platforms (Arise IIP), a pan-African developer and operator of industrial zones, has secured $700 million in fresh capital, marking one of the largest private infrastructure transactions in Africa. The deal, announced Wednesday in Dubai, sees Saudi Arabia’s Vision Invest join as a new shareholder alongside founding investors such as…

Ad

Chief George Kadiri, who stood surety for Mr James Nolan, a British national, at the centre of an ongoing $9.6 billion Process and Industrial Development (P$ID) scam trial, has been arrested.

Kadiri, a retired civil servant living in Gwagwalada, Abuja, was on Thursday produced before Justice Peter Lifu of the Federal High Court at the resumed hearing in the matter.

The News Agency of Nigeria (NAN) reports that the surety, a traditional chief in Gwagwalada, had, on Nov. 4, 2022, sought for more time within which to appear in court to show cause why his bail bond should not be forfeited.

He made the plea in a motion on notice marked: FHC/ABJ/CR/143/2020 filed by his lawyer, O.J. Aboge, before Justice Ahmed Mohammed, before he was elevated to the Court of Appeal.

Justice Mohammed had, on Sept. 28, 2022, revoked the N100 million bail granted to Nolan, a director in P&ID, following his refusal to appear for his trial.

The judge, in the ruling, issued a bench warrant against Nolan, and ordered that he should be arrested by security agencies, including the Interpol, any where he is sighted within or outside Nigeria and be produced in court to stand his trial.

The judge also directed that the surety to appear in court to show cause why his bail bond should not be forfeited.

The order followed the application made by EFCC’s lawyer, Bala Sanga, that Nolan had jumped bail.

However, after the case was re-assigned to Justice Lifu, Kadiri had not been coming to court and an order for his arrest was granted.

When the case was called, Sanga said the commission had brought Kadiri to court in obedience to court order.

“This charge here is different. I humbly apply for the bail bond should be forfeited,” he said.

Aboge, who appeared for Kadiri, sought a date to address the court on the issue of forfeiting bail bond of N100 million.

“The cases before Justice Egwuatu and the one here is the same.

“I want to produce argument on the various point raised before the court,” he said.

The lawyer then prayed the court for the surety to be released to him on bail.

Defendants’ lawyer, Paul Erokoro, SAN, agreed to take Kadiri on bail.

“Chief Kadiri, the surety, is a traditional chief in Gwagwalada.

“He will not run away. I stood surety for him at EFCC.

“This is my first time of taking someone on bail,” Erokoro begged.

The anti-graft agency’s lawyer neither opposed the submission made on bail nor objected to the request for an adjournment.

| have no objection to an adjournment.

Justice Lifu consequently adjourned the matter until Nov. 5 for further proceedings and hearing on the issue of forfeiture of bail bond entered by Kadiri.

“Meanwhile, the surety, Chief Kadiri, is herein released to Chief Paul Erokoro, SAN, on bail to be produced in court until this issue of forfeiture of bail bond is resolved or determined by the court, I so ruled.”

NAN reports that the anti-graft agency had, on Aug. 18, 2020, arraigned Nolan before Justice Mohammed in a suit marked: FHC/ABJ/CR/143/2020.

While Lurgi Consult Limited is the 1st defendant, Nolan is the 2nd defendant in the matter.

Nolan, alleged to be at large, is also standing trial in about eight other cases for his involvement in the 9.6 billion dollars controversial contract awarded to P&ID.

Other cases listed before Justice Lifu on Thursday include charges numbers; FHC/ABJ/CR/1 44/2020, FHC/ABJ/CR/145/2020, FHC/ABJ/CR/146/2020, FHC/ABJ/CR/147/2020 and FHC/ABJ/CR/148/2020 respectively.(NAN)

 

 

 

 

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp