A day after two directors of P&ID limited were convicted for their role in the controversial deal, Grace Taiga, a former director in the ministry of petroleum resources, was on Friday remanded in Suleja prison, for her role in the contract saga.
She was remanded after pleading “not guilty” to an eight-count charge of fraud levelled against her by the Economic and Financial Crimes Commission.
One of the charges against her read, “That you, PROCESS AND INDUSTRIAL DEVELOPMENTS LlMiTED being a company incorporated in the British Virgin Island (convicted), MiCHAEL QUINN (deceased), BRENDAN CAHILL (at large), NEIL HITCHCOCK (deceased), and GRACE TAIGA on or about the 11th January, 2010 in Abuja within the jurisdiction of this Honourable Court with intent to defraud made a false statement in paragraph 8 (g) of the GAS SUPPLY AND PROCESSING AGREEMENT (“GSPA”) to wit: the parties are aware that the 24inch Adanga pipeline presently under construction from the Addax operated OML 123 directly to Calabar and due for completion in 2010 which part of the said agreement you knew to be false and you thereby committed an offence contrary to section 362 (a) of the Penal Code Law and punishable under section 364 of the same law.”
Tiaga was also accused of receiving $20,000 as kickback for her role in ensuring that the contract processing agreement between Nigeria and P&ID was successful.
Presiding judge, Olukayode Adeniyi, remanded the ex-director in prison until September 25 when her bail application will be heard.
Nigeria is seeking to have the $9.6 billion P&ID judgement awarded against her in a British court reversed.
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