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Business Nigeria Gets UK Court Nod To Proceed With $875m Lawsuit Against JPMorgan – Leadership Newspaper
A London-based appeals court has rejected US bank, JPMorgan’s bid to have the $875 million case instituted against it by Nigerian government dismissed, thereby affirming the right of the government to pursue the case to logical conclusion. The bank had asked the court to quash the … Read...- Nigeria Business News
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Metro FG wins right to prosecute JPMorgan Chase over $875m Malabu oil fraud – P.M. News
A High Court in London headed by Justice Andrew Burrows has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. The bank is alleged to have enabled the misappropriation of state funds totalling $875 million over the Oil Prospecting License, OPL 245. … Read more via...- Nigeria Metro News
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