$9.6bn Judgment: Federal Government Pays £250,000 Cost To P&ID - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
October 10, 2019
The FederalGovernment has paid the two hundred and fifty thousand pounds to Process andIndustrial Developments Limited, P&ID as ordered by Justice ChristopherButcher of the Commercial Court in London on September 26th.
The amountwas directed to be paid to P&ID as its running cost at the September 26hearing of the London Court.
The FederalGovernment has also appealed against the order of the same Court which askedthat a two hundred million dollars security payment be made into its accountwithin sixty-days as a condition for a stay of execution of the nine point sixbillion dollars judgment earlier given in favour of P&ID.
TheAttorney-General of the Federation, Abubakar Malami, SAN who confirmed thedevelopment said although the government had appealed the order to pay twohundred million dollar into the Court’s account and applied for stay ofexecution, it paid the two hundred and fifty thousand pounds  cost out of respect for the Court.