Nigeria Wins $2.35bn Arbitration Battle With Sunrise Power

Nigeria Wins $2.35bn Arbitration Battle With Sunrise Power

The International Chamber of Commerce (ICC) tribunal in Paris, France, has ruled in favour of Nigeria in the $2.35 billion claim brought by Sunrise Power over the Mambilla hydropower project.

How And Why Sunrise Lost $2.35 Billion Claim Against Nigeria

By Garba Shehu, Former Presidential Spokesman.   There are good reasons why Leno Adesanya and his company, Sunrise Power Transition Company lost their case at the International Chamber of Commerce, ICC, an outcome that sparked widespread nationwide celebrations across Nigeria. The ICC threw out the USD 2.35 billion claim by Sunrise on the Mambila […]

Mambilla: How And Why Sunrise, Leno Adesanya Lost In Paris — By Garba Shehu

Malam Garba Shehu, former Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, has offered a detailed account of the circumstances surrounding Sunrise Power Transmission Company Limited and its chairman, Leno Adesanya, in the $2.35 billion Mambilla Hydroelectric Power Project arbitration before the International Chamber of Commerce (ICC) in Paris.…

How And Why Sunrise, Leno Lost  In Paris

There are good reasons why Leno Adesanya and his company, Sunrise Power Transition Company lost their case at the International Chamber of Commerce, ICC, an outcome that sparked widespread nationwide celebrations across Nigeria. The ICC threw out the USD 2.35 billion claim by Sunrise on the Mambila Hydro Electric Power Project over the weekend and, […]

REVEALED: Sunrise promoter transferred $500,000 to Atiku’s wife during Mambilla negotiations in 2003

Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited, told the international arbitration tribunal in Paris that the $500,000 he transferred to Jennifer Douglas, now former wife of ex-Vice-President Atiku Abubakar, in January 2003 was part of a foreign-exchange transaction carried out for Atiku. The payment was made on January 30, 2003 — less than four months before Sunrise was purportedly awarded a build-operate-transfer con…

How and why Sunrise lost $2.35 billion claim against Nigeria, By GRABA SHEHU — National Accord Newspaper %

There are good reasons why Leno Adesanya and his company, Sunrise Power Transition Company lost their case at the International Chamber of Commerce, ICC, an outcome that sparked widespread nationwide celebrations across Nigeria.The ICC threw out the USD 2.35 billion claim by Sunrise on the Mambila Hydro Electric Power Project