P&ID KICKS AS COURT ORDERS FORFEITURE OF ASSETS TO NIGERIA

Written by on September 20, 2019

IRISH FIRM, PROCESS AND INDUSTRIAL DEVELOPMENT (P&ID), YESTERDAY DESCRIBED AS FRAUDULENT THE RULING BY THE FEDERAL HIGH COURT, ABUJA, ORDERING THE FORFEITURE OF ALL ITS ASSETS TO THE FEDERAL GOVERNMENT.

THE ORDER OF FORFEITURE CAME AFTER THE CONVICTION OF THE FIRM ON AN 11-COUNT CHARGE BORDERING ON ECONOMIC SABOTAGE, MONEY LAUNDERING AND TAX EVASION BROUGHT AGAINST IT BY THE FEDERAL GOVERNMENT.


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