Wednesday, June 15, 2022

Nigerian Govt. Loses $1.7Bn JP Morgan Case in Malabu Oil Deal

The Nigerian government has lost its 1.7 billion dollar case against JP Morgan Chase Bank.

 

It was making the claim over the transfer of proceeds from the sale of an Oil Prospecting License (OPL) in 2011.

 

Correspondent Tesem Akende reports.

 

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INTRO: The Business & Property

OUTRO: SOC

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