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Nigeria files London lawsuit against Shell, Eni over oil deal

Gasoil News - Published on Mon, 17 Dec 2018

Image Source: reutersmedia.net
Reuters quoted that lawyers for the Nigerian government as saying that they had filed a USD 1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London in relation to a 2011 oilfield deal. The OPL 245 oilfield is also at the heart of an ongoing corruption trial in Milan in which former and current Shell and Eni officials are on the bench.

The statement said that "It is alleged that purchase monies purportedly paid to the Federal Republic of Nigeria were in fact immediately paid through to a company controlled by Dan Etete, formerly the Nigerian minister of petroleum, and used for, amongst other things, bribes and kickbacks."

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Posted By : Nanda Koijam on Mon, 17 Dec 2018
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