ICC Tribunal Flags $500,000 Transfer to Atiku's Then-Wife, Finds Ex-AGF Malami Acted Against Nigeria's Interest in Mambilla Deal
The International Chamber of Commerce (ICC) arbitration tribunal has issued a 616-page final award concerning the Mambilla Hydroelectric Power Project dispute, making significant findings against former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and flagging a $500,000 transfer to Jennifer Douglas, then-wife of former Vice-President Atiku Abubakar. The tribunal concluded that Malami deliberately acted against Nigeria's interest, maintained an inappropriate relationship with Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited, and participated in a corrupt deal related to settlement agreements. The tribunal rejected Sunrise's claims against Nigeria, ruling that settlement agreements signed by Malami and former Minister of Power, Saleh Mamman, were not binding due to lack of presidential approval and were unenforceable as products of corruption. The tribunal also ordered Sunrise and Adesanya to reimburse Nigeria $11.82 million in legal fees and $414,125...