Mambilla: Malami, Fagbemi give opposing accounts of ICC’s ‘$3.38 billion’ ruling

Former Attorney-General of the Federation, Abubakar Malami, and his successor, Lateef Fagbemi, have provided conflicting accounts of the International Chamber of Commerce (ICC) ruling in Paris. The ICC ruled in favor of Nigeria, rejecting approximately $3.38 billion in claims by Sunrise Power and Transmission Company Ltd related to the Mambilla Hydroelectric Power Project in Taraba State. The opposing accounts from the two officials highlight differing interpretations of the ruling. The project has been a subject of legal dispute.

Read More