Former Nigerian Attorney-General Aondoakaa to Testify Against Government in $2.354 Billion Arbitration Case

Former Nigerian Attorney-General Aondoakaa to Testify Against Government in $2.354 Billion Arbitration Case:Former Nigerian Attorney-General and Minister of Justice, Michael

Aondoakaa, has agreed to testify against the Nigerian government in an

ongoing arbitration case at the International Chamber of Commerce (ICC)

in Paris, France. The case, filed by Sunrise Power, seeks a $2.354 billion

award for breach of contract related to a 2003 agreement to construct

a 3,050MW power plant in Mambilla, Taraba state.

Aondoakaa, who served as AGF from 2007 to 2010, will argue that the

contract was valid, contradicting the government’s claims of fraud and corruption.

His testimony is expected to counter that of government officials, including

ministers in President Buhari’s cabinet, who are testifying in favor of Nigeria.

the controversy

The case has been marred by controversy, with two former presidents,

Olusegun Obasanjo and Muhammadu Buhari, denying the validity of

the contract and settlement agreements. Obasanjo challenged the former

Minister of Power, Olu Agunloye, to explain where he derived the authority

to award the contract, while Buhari denied authorizing the settlement

agreement entered into with Sunrise by his AGF, Abubakar Malami.

Sunrise Power is hoping to use Aondoakaa’s testimony to boost its chances

of winning the arbitration. The company has also filed a human rights case

against the Economic and Financial Crimes Commission (EFCC) after its promoter, Leno Adesanya, and Agunloye were charged to court.

The outcome of the arbitration case has significant implications for Nigeria,

with potential financial and reputational consequences. The government’s

handling of the case has raised questions about transparency and accountability,

with concerns about the role of corruption and fraud in the award and settlement of the contract.