A British Virgin Islands company that won a US$9.6 billion award against Nigeria over a failed gas-refining deal has been ordered to forfeit its local assets after two former employees pleaded guilty to fraud and tax evasion charges, in what the award creditor has called a “sham trial”.

For more information, please see https://globalarbitrationreview.com/article/1197870/mega-award-leads-to-blowback-in-nigeria