A civil society organization, the African Network for Environment and Economic Justice (ANEEJ), has congratulated Nigerians and the Federal Government for winning the $11 billion legal battle with the Process and Industrial Development (P&ID) company in a London court.
Nigeria, on Monday, won its case against P&ID Limited, which sought enforcement of $11 billion debt in its favour.
The development comes after five years of intense legal battle.
Briefing newsmen Thursday in Abuja, Rev. David Ugolor, Executive Director of ANEEJ, called on the Nigeria and UK governments to ensure that they expose and prosecute all those involved.
This, he said would serve as a deterrence and also end the culture of impunity in business transactions in the country.
Ugolor said: “For us in ANEEJ, we see the outcome of the case as a blessing for poor Nigerians that are currently suffering from grand corruption carried out by Nigerian elites and their foreign collaborators over the years.
“The UK Court has helped to block the stealing of poor people’s resources and we cannot but commend the UK Government and the tenacity of the Muhammadu Buhari’s administration not to accept the dubious out of court settlement initiated by the Goodluck Jonathan’s administration.
“We therefore wish to call on the Nigeria and UK Governments to ensure that they expose and prosecute all those who are involved in the grand corruption to serve as a deterrence and also end the culture of impunity in business transactions in Nigeria.
“We also call on the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi to set up a panel of enquiry to unpack what happened in the P&ID Case and draw lessons for future engagement.
“The Nigerian and UK Government should blacklist and place an indefinite ban on the companies and individuals that were involved in the scandalous business transaction.
“For transparency and accountability purposes, we wish to call on the Nigerian government to publish the total amount spent in the prosecution of the case.”
