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Tag Archives: China and China Export Credit Agency

AKK Pipeline Abandoned Over Alleged 570% Inflated Contract Sum

FINANCIERS of Abuja-Kaduna-Kano pipeline have pulled out of the project, citing alleged 570 per cent inflated contract sum, far above global threshold. The Guardian gathered that the companies – Infrastructure and Commercial Bank of China (ICBC), Infrastructure Bank of China and China Export Credit Agency (SINOSURE) – were to provide …

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