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Nigeria Seeks Bank Documents to Overturn $9.6 Billion P&ID Case

  • Government wants information on former Nigerian president
  • Effort is ‘fishing expedition’ to avoid legal obligation: P&ID

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Nigeria is seeking documents from 10 banks, including Citigroup Inc. and JPMorgan Chase & Co., in a bid to overturn a $9.6 billion arbitration award related to a business deal that the country contends is shrouded in allegations of corruption.