Law360, London (May 5, 2021, 6:31 p.m. CET) – Nigeria on Wednesday urged a London court to compel JPMorgan to extract documents from the bank’s senior executives and compliance officers regarding the $ 875 million decision to transfer to government funds, to disclose to the corrupt former energy minister of the country.
Attorneys for the Federal Republic of Nigeria argued in the High Court that they were entitled to an “untapped vein” of documents underlying the compliance investigations conducted shortly before funds were transferred by the bank to one of Dan Etete, a convicted money launderer and former Nigerians, controlled company were carried out by oil ministers.
The disclosure request is the most recent skirmish in …
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