
The International Chamber of Commerce, ICC, arbitration tribunal has recovered that erstwhile Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited, reached a corrupt woody implicit the Mambilla Hydroelectric Power Project.
The tribunal besides recovered that Malami acted against Nigeria’s interests portion handling a colony statement with Sunrise and was “motivated by different incentive(s).”
The findings were contained successful the tribunal’s 616-page last grant delivered successful Paris connected September 16, 2026, successful a lawsuit arising from disputes implicit the Mambilla task successful Taraba State.
The tribunal rejected Sunrise’s claims against Nigeria, ruling that the colony statement and its addendum were not binding connected the Federal Government due to the fact that they lacked the required statesmanlike approval.
It besides held that the agreements were unenforceable due to the fact that they were products of corruption and violated Nigerian nationalist policy.
The quality centred connected a January 2020 colony nether which Nigeria was to wage Sunrise $200 million. An addendum signed successful March 2020 divided the outgo into 2 instalments and...









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