Mambilla: How Nigeria defeated Sunrise Power’s $2.35bn arbitration claim — Ex-presidential spokesperson

Sunrise Power and Transmission Company Limited and its promoter, Leno Adesanya, have lost their long-running arbitration dispute with the Federal Government of Nigeria over the Mambilla Hydroelectric Power Project, after…

Continue ReadingMambilla: How Nigeria defeated Sunrise Power’s $2.35bn arbitration claim — Ex-presidential spokesperson

$500,000 transfer to Atiku’s then wife linked to Mambilla deal — Tribunal

Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited, told an International Chamber of Commerce (ICC) arbitration tribunal that he transferred $500,000 to Jennifer Douglas, then wife of former…

Continue Reading$500,000 transfer to Atiku’s then wife linked to Mambilla deal — Tribunal

Mambilla hydro: Nigeria wins $2.35bn arbitration as tribunal dismisses Sunrise Power claim

Nigeria has secured a major victory in the long-running legal dispute with Sunrise Power and Transmission Company Limited over the Mambilla hydropower project, after an International Chamber of Commerce (ICC)…

Continue ReadingMambilla hydro: Nigeria wins $2.35bn arbitration as tribunal dismisses Sunrise Power claim