An ICC (International Chamber of Commerce) arbitration tribunal rules that former Attorney-General of the Federation and Minister of Justice Abubakar Malami and Leno Adesanya, promoter of Sunrise Power and Transmission Company Limited, entered into a corrupt arrangement tied to the Mambilla Hydroelectric Power Project. The tribunal also finds that Malami acted against Nigeria’s interests while handling a settlement with Sunrise.

The sources say the tribunal delivered its final award in Paris on September 16, 2026 after examining a dispute linked to a January 2020 settlement in which Nigeria was to pay Sunrise $200 million. A March 2020 addendum is described as splitting payments into two instalments and adding a further $200 million default provision, which could raise Nigeria’s exposure to $400 million plus interest. The tribunal rejects Sunrise’s claims, stating the settlement and addendum are not binding on the Federal Government because presidential approval was not obtained and because the agreements violate Nigerian public policy due to corruption. Nigerian Eye adds that evidence included WhatsApp messages between Malami and Adesanya and that Buhari repeatedly refused to approve the settlement (“Not approved”), while Malami did not appear to testify, limiting the weight given to his evidence.