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Federal High Court has saved Nigeria from paying $47million to private individuals over Paris Club Refund - Report...

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Published (Updated) on Friday, September 23, 2022
Chief Judge of the Federal High Court, John Tsoho, has saved the country from paying $47million to some private individuals and organisations by the setting aside of a consent judgment entered in the suit filed by the Panic Alert Security Systems Ltd and Trustees of the Nigeria Governor’s Forum (NGF).

The money was for payment to some individuals and organisations for the roles they played in the Paris Club refund received by the Federal Government.

Panic Alert Security Systems Limited had relied on the consent judgment to lay claim to professional fees of $47. 821, 920.
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