The long-running scandal involves a hedge fund fond of aggressive methods, a company that allegedly used corrupt practices to win a lucrative natural gas contract and the Nigerian state, which terminated that contract. At the root of the financial saga are the London and New York-based fund VR Capital and one of its portfolio companies registered in the British Virgin Islands, Process & Industrial Developments (P&ID).
Following a 2017 ruling in their favour by a London arbitration tribunal, these
