Why will not Negotiate with Fraud, Malam Stress

Why will not Negotiate with Fraud, Malam Restates

The Federal Government of Nigeria has maintained that it is not considering any possibility of negotiations with the Projects and Industrial Development Company (P&ID).
The Honourable Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN made this known in a statement issued by his Special Assistant on Media, Dr. Umar Jibrilu Gwandu on Thursday 10th September, 2020.

According to the Statement, the Minister said, “There will be no negotiation or talk of settlement with P&ID or any related party by or on behalf of the Federal Government of Nigeria”.
“The recent judgment of the English Commercial Court confirmed our view
that P&ID and its cohorts are fraudsters who have exploited our country.  They will not benefit from their corrupt behavior,” he emphasized.

Malami continued, “This is a classic case with overwhelming fraudulent and corrupt undertones. The Federal Government of Nigeria is not considering any possibility of negotiations with P&ID.  It is has not only fallen within the tall order exception referred to by the Honourable  Attorney General in his interview with Arise TV yesterday, but lacks any legitimate foundation.  We will not and cannot negotiate arbitral awards where the basis and foundation rely on fraud, corruption, breach of processes and procedures”.

“The Government remains wholly committed to fighting this case to overturn the exorbitant award without paying a single naira of public money to these fraudsters”, he added.

Ogundoro Modupe

Deputy Director

10th September 2020