The International Chamber of Commerce rejected a USD 2.35 billion damages claim against Nigeria by Sunrise Power Transmission Company, owned by Nigerian-born Leno Adesanya, over an alleged breach of contract related to the Mambila Hydroelectric Power Project. The ICC also dismissed Sunrise's USD 400 million settlement claim and ordered the company to pay Nigeria's legal expenses of USD 11.82 million. The ruling saved Nigeria from a significant financial loss and potential international legal embarrassment.
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