Zhongshan Fucheng seeks confirmation of $70m arbitration award against Nigeria
The Chinese group filed a third lawsuit in a US court accusing the Nigerian authorities of expropriating an industrial zone.
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▪ Zhongshan Fucheng seeks confirmation of $70m arbitration award against Nigeria
▪ The Chinese group filed a third lawsuit in a US court accusing the Nigerian authorities of expropriating an industrial zone.
▪ https://www.africabusinessplus.com/en/812571/zhongshan-fucheng-seeks-confirmation-of-70m-arbitration-award-against-nigeria/
Zhongshan Fucheng Industrial Investment (ZFII) previously won support from a London court, which awarded it $56 million in damages on 26 March 2021, plus surcharges and interest of over $13 million.
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