EFCC Re-arraigned British Nationals for Controversial Process and Industrial Development (P&ID) Gas Processing Contract

The Economic and Financial Crimes Commission, EFCC has today re-arraigned two British nationals, James Richard Nolan and Adam Quinn (at large), before a federal High Court, Abuja.

They were arraigned on a 32 count-charge bordering on money laundering for their alleged complicity in the controversial Process and Industrial Development (P&ID) gas processing contract, leading to the $9.6bn arbitral award to P&ID Limited by a United Kingdom commercial court.

The defendants, both directors of Goidel Resources Limited, a Designated Non-Financial Institution (DNFI) and ICIL Limited, were docked on a 32 count- charge bordering on money laundering.

After the charges were read to them, the third defendant (James Richard Nolan) pleaded ‘not guilty’ to the charges.

Dolupo Balogun

Written by BoomRadioNG