Court Orders Closure of Companies in $9.6bn P&ID Scam
In two separate judgments, Justice Donatus Okorowo ruled that two companies involved in the alleged $9.6 billion P&ID scam were guilty of money laundering offenses. Consequently, he ordered that the companies be wound up and their assets forfeited to the federal government. The Economic and Financial Crimes Commission (EFCC) is prosecuting Trinity Biotech Nigeria Limited…

