Irish authorities and AIB drawn into $9.6bn Nigerian dispute

Nigerian prosecutors say they will seek extradition of two men

Nigeria is embroiled in a fight with Process & Industrial Developments (P&ID), which was founded by Irish investors Michael Quinn and Brendan Cahill, over a failed 2010 deal to develop a gas processing plant. Photograph: iStock

Nigeria is embroiled in a fight with Process & Industrial Developments (P&ID), which was founded by Irish investors Michael Quinn and Brendan Cahill, over a failed 2010 deal to develop a gas processing plant. Photograph: iStock

Irish authorities and AIB are being drawn into a high-profile international legal dispute between Nigeria and a company founded by Irish investors that is claiming $9.6 billion (€10.8 billion) for a failed contract.

Nigerian prosecutors said they would seek the extradition of two men from the Republic to Nigeria. They also said they were seeking information about funds sent to a Nigerian government lawyer that were transferred through AIB.

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