P&ID $9.6bn judgment: EFCC set to arraign another suspect


The Economic and Financial Crimes Commission will on Friday arraign another suspect linked to the controversial Gas Supply Project Agreement which led to the recent $9.6bn judgment given against Nigeria and in favour of Process and Industrial Developments by a British court.

The suspect is a former Director, Legal Services of the Ministry of Petroleum Resources, Mrs. Grace Taiga, who was said to have signed as Nigeria’s witness to the GSPA while the then minister presiding over the ministry, the late Dr. Rilwan Lukman, signed as Nigeria’s representative.

A message sent to journalists by the EFCC indicated that Taiga would be arraigned before the Apo Division of the High Court of the Federal Capital Territory, Abuja on eight counts, on Friday.

Taiga, who is said to have hired a Senior Advocate of Nigeria to defend her, has been produced in the courtroom presided by Justice Olukayode Adeniyi.

The judge is currently taking other cases and would call Taiga’s for arraignment.

This came as the Federal High Court in Abuja presided over by Justice Inyang Ekwo, convicted P&ID Limited incorporated in British Virgin Island, and its affiliate, P&ID Nigeria Limited, on charges of fraud, tax evasion, money laundering and other sundry offences on Thursday.

Justice Ekwo convicted the companies, ordered their winding up and the forfeiture of their assets to the Nigerian government, after the two men said to be directors in the P&ID Limited and P&ID Nigeria Limited pleaded guilty to the charges on behalf of the firms.


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