Banks' $1.25M Fees Tied To Oil Field Sale, Nigerian Co. Says

By Christopher Crosby (May 22, 2019, 1:03 PM BST) -- A Nigerian oil company has again rebutted claims that it owes a French investment bank and a South African lender fees for underwriting a $1.2 billion loan to acquire a Petrobras subsidiary, telling a London court that it does not have to make the payments because it did not acquire a stake in the oil fields....

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