Olasupo Shasore, the senior lawyer who represented Nigeria at the incipient of the case with Process and Industrial Developments (P&ID), says he defended the country to the best of his ability in the matter.
The lawyer was accused of compromising the case in favour of P&ID. He was also alleged to have been bribed to bungle the matter.
In a statement on Saturday, Shasore said the allegations are ”false statements, unfounded innuendoes and spiteful personal attacks on my professional conduct and reputation”.
”I was instructed in this matter and accepted the instructions on behalf of my firm and to the knowledge of my partners in late 2012 and I made every effort to defend and vindicate my client at every stage with very few tools and with minimal support from within the government itself,” he said.
”I represented Nigeria up until the liability stage in the arbitration. I did not represent Nigeria in the damages stage of the arbitration. Which means I was not involved when the huge sum of damages was awarded against Nigeria. The complete records will show the series of steps that I took to defend Nigeria and the several results, which I secured in that effort at various stages. None of these is consistent with the unfounded allegations that I failed to present the best available defense.
”With very little or no cooperation from relevant government officials at the time, I filed a jurisdiction objection that potentially could and should indeed have terminated the case in favour of Nigeria because it was clear to us from the beginning that the contract was a scheme against Nigeria. When the then Nigerian officials failed to supply documents or any witness to defend their case, I fought liability by enlisting the support of the legal adviser of NNPC who gave evidence to the best of his knowledge when everyone else with knowledge, refused to do so.
”I instructed the UK firm of Stephenson Harwood a respected international arbitration team and a leading Barrister to attempt to set aside the award on liability in England.
Shasore said he overcame numerous hurdles and faced a hostile tribunal, which relied on the testimony of a principal witness who had died before the hearing and whose testimony should have been discounted.
”It is on record that I fought had for the tribunal to dispense with that evidence. I am happy that the falsity of that testimony has now been recorded in the High Court in England. Indeed this was the ground on which I took the matter to the Federal High Court in Nigeria, which was the proper seat of the arbitration and successfully obtained an order setting aside the liability award,” he said.
”There was no basis to proceed to the damages hearing since the liability had already been set aside by a court of competent jurisdiction. Indeed, Nigeria continues to rely on this order in the proceedings in the United States. In addition, I obtained an injunction restraining the parties and the tribunal from proceeding with the arbitration.”
On the alleged exorbitant legal fees he was paid, the lawyer said it was payment to two law firms, and that it is ”not exceptional or unusual in the context of such a dispute”.
”In fact, in order to extract the best possible case for Nigeria, it was from these fees that expenses were paid to ensure attendance at hearings and meetings in the UK by witnesses for Nigeria,” he said on the legal fees.
Nigeria secured a landmark victory in its pursuit to overturn a $10 billion judgment awarded against it in the case against P&ID.
In the judgment delivered on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of time and relief from sanctions.
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