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.

28/06/2022 at 15h07, by Africa Business+

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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