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Nigeria finally rescued from $11bn P&ID Scam – Legal team leader clarifies

The Federal Government on Thursday evening revealed how Nigeria was saved from an $11 billion investment scam engineered by Process and Industrial Developments Limited (P&ID), describing the landmark victory in a United Kingdom court as a turning point in the fight against corruption and economic sabotage.

The National Coordinator of the Federal Republic of Nigeria (FRN) Legal & Investigation Team on the P&ID case, Mr. Kofo Abdulsalam-Alada, narrated the behind-the-scenes efforts that led to the successful outcome.
Speaking during a courtesy call on the Attorney-General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi, SAN, Abdulsalam-Alada emphasised that the unwavering stance of President Tinubu’s administration was key to frustrating attempts by the fraudsters to force a settlement.

“It took the commitment of the current government to rescue the country from the hands of fraudsters,” Abdulsalam-Alada said.

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