The Head of Media and Publicity of the EFCC, Dele Oyewale said in a statement that the Economic and Financial Crime Commission (EFCC) on Monday tendered additional evidence against MICAD Ptoject City Service Limited and James Nolan, a Director of Process and Industrial Development Limited (P&ID), before Justice Nora Egwuatu of the Federal High Court, sitting in Abuja.
P&ID had obtained a $11billion award against the Federal Government over the botched contract but reprieve came the way of the country last October when a London arbitration court set aside the $11bn award, holding that the contract was fraudulently secured.
The criminal case stemmed from controversial Gas Supply Processing Agreement between Process and Industrial Development and the Federal Government of Nigeria.
MICAD Project City Services Limited and James Nolan facing 20 counts bordering on “obtaining by false pretense, money laundering and criminal conversion of proceeds of crime, to the tune N151,394,328.00.”
In February, the International Criminal Police Organisation said it had arrested Nolan in Italy after he jumped bail in Nigeria 2022 over the ongoing $9.6bn P&ID scandal.
At Monday’s court session, Bala Sanga, the prosecution counsel, informed the court that the EFCC had filed additional evidence before the court on February 20, 2024, and the defence counsel, Micheal Ajara, confirmed that they had been served the evidence.
Sanga then presented the third prosecution witness, Nnedimma Eyisi, a lawyer, who narrated to the court how James Nolan informed her that he needed to renew himself as the Director of MICAD.
