- Nigeria can now subpoena about 10 banks in the U.S. for bank records of Jonathan, Diezani others
- Recall that the FG sought the bank account statements of some former public office holders from 10 foreign and local banks
- This will help Nigeria prove its claim that the $9.6 billion arbitration was obtained by P&ID by fraud
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In what comes as a huge relief, Nigeria can now subpoena about 10 banks in the U.S. for information needed to prosecute government officials allegedly connected to a British Virg*n Island engineering firm.
The order to subpoena the banks was given by a New York federal judge.
The engineering firm was allegedly involved in a bribery scheme and this led to a subsequent $9.6 billion arbitral claim against Nigeria.
According to news website law360.com, District Judge Lorna Schofield, who gave the ruling, ordered the banks to allow the Nigerian government have access to sundry account details of officials listed in its subpoena request.
The judge ruled that this would enable the Nigerian government prove its claim that the $9.6 billion arbitration was obtained by Process and Industrial Development (P&ID) by fraud.
Recall that Legit.ng had reported that the federal government has sought the bank account statements of some former public office holders from 10 foreign and local banks on the controversial P&ID Ltd gas deal.
Among those affected by the request are former president Goodluck Jonathan and his wife, Patience; former ministers of petroleum resources, Diezani Alison-Madueke and Rilwanu Lukman, who died on July 21, 2014.
Legit.ng gathered that the banks, which the details are required from are Citigroup, JPMorgan Chase, and New York branches of Deutsche Bank AG and United Bank for Africa (UBA) Plc.
According to the report, the attorney-general of the federation and minister of justice, Abubakar Malami (SAN), said the federal government is requesting that “all documents concerning any transactions, to, from, or for the benefit” of Jonathan and his wife between 2009 and the present day."
Malami said that the information contained in the document would help an ongoing investigation by the Economic and Financial Crimes Commission (EFCC) to know individuals in the P&ID ltd gas deal.
Although Malami didn’t mention Jonathan as a subject of the EFCC probe, the former president’s name appears alongside the ex-ministers in Nigeria’s proposed subpoenas.
Recent international media reports suggested the Nigerian government had subpoenaed bank records for Jonathan and his wife, Dame Patience, in the United States of America.
It was also gathered that Jonathan encouraged US authorities to cooperate fully with the Nigerian government on its demands.
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