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FINAL UK-NIGERIA MOU ON AMEC FOSTER WHEELER MEMORANDUM OF UNDERSTANDING BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE FEDERAL GOVERNMENT OF NIGERIA (AMEC FOSTER WHEELER)
The sum of GBP210, 610 was returned to Nigeria as compensation arising from the improper conduct engaged in by AFWEL (known at the time as Foster Wheeler Energy Limited) in Nigeria for which it accepted responsibility. A Deferred Prosecution Agreement (DPA) linked to the use of corrupt agents in the oil and gas industry was signed by the Serious Fraud Office and Amec Foster Wheeler Energy Limited (AFWEL) on July 1, 2021. The agreement was signed on 20th February 2022 and provides for specific use of the funds for the PIDF projects managed by the NSIA namely Abuja-Kano Road (AKR), Second Niger Bridge (2NB) and Lagos-Ibadan Expressway (LIE).