Contract – Breach of contract. The defendant, a Nigerian prince, was liable to the claimants for breach of contract for failing to complete the purchase of the claimants' London property for £5m after the parties had exchanged contracts. The Chancery Division ruled that the contract was valid and enforceable and it rejected the defendant's claim that he could avoid it on the ground that the claimants had allegedly promised to pay a bribe or secret commission to his purported agent. The court held that the claimants were entitled to damages for breach of contract, but not to the full extent of their claim.