Nigeria has secured a major victory in the long-running legal dispute over the $3,050-megawatt Mambilla Hydroelectric Power Project, with an International Chamber of Commerce (ICC) tribunal rejecting a $400 million claim by Sunrise Power and Transmission Company Limited and its principal, Mr Leno Adesanya. The tribunal, in its final award deli...
•A gavel and Mambilla hydro-power project An international arbitration tribunal under the auspices of the International Chamber of Commerce (ICC) in Paris has issued an award in favour of Nigeria, rejecting claims totalling $3.38 billion in arbitration instituted over disputes associated with the development of the Mambilla power project in Ta...
A Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to henceforth delete the name of the promoter of Sunrise Power and Transmission Company Ltd, Leno Adesanya from its list of wanted persons in relation to any criminal allegations associated with the $6 billion Mambilla hydropower project contract. Jus...
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