Malabu Oil Deal: Nigeria Sues JP Morgan For $875m

Malabu Oil Deal: Nigeria Sues JP Morgan For $875m

Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country’s former oil minister, Reuters report yesterday. The suit filed in British courts, according to Reuters, relates to a purchase of the […]
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