ICC Tribunal Reveals Malami's Alleged Deception of Buhari and Corrupt Deals with Adesanya in Mambilla Power Project
The International Chamber of Commerce Tribunal rejected Sunrise Power's claims against Nigeria, demanding $680 million in arbitration.
In Brief
- •The International Chamber of Commerce Tribunal rejected Sunrise Power's claims against Nigeria, demanding $680 million in arbitration.
- •The tribunal found evidence of a corrupt deal between former Attorney-General Abubakar Malami and Leno Adesanya, involving potential liabilities of up to $400 million.
- •Malami allegedly failed to convince former President Muhammadu Buhari to approve a renegotiated agreement, citing financial constraints.
- •Adesanya testified about alleged bribe solicitation involving Malami and former Minister of Power Saleh Mamman.
- •The tribunal directed Sunrise to refund Nigeria's legal fees of $11.8 million and rejected its claim for $400 million.
Why It Matters
This case highlights the complexities and corruption surrounding high-profile infrastructure projects in Nigeria. The revelations could have significant implications for future government contracts and the accountability of public officials. The tribunal's findings underscore the importance of transparent and fair negotiation processes in international business agreements.
Key Details
- Total Claim Amount
- $680 million
- Potential Liability
- $400 million
- Legal Fees Refunded
- $11.8 million
- Project Capacity
- 3,960 MW
- Project Location
- Taraba State
- Settlement Agreement Date
- 2 January 2020
Context & Background
The Mambilla Hydroelectric Power Project has been a subject of controversy and legal disputes since its inception in 2003. Previous arbitration cases and settlements have raised questions about the transparency and fairness of negotiations involving Nigerian government and international companies.
Original Reporting & Sources
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