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UK Court Dismisses Nigerian Lawsuit against Shell & Eni

Gasoil News - Published on Mon, 25 May 2020

Image Source: Shell Eni Nigeria
Bloomberg reported that a UK court ruled that England has no jurisdiction to try USD 1 billion UK lawsuit by Nigeria against Royal Dutch Shell and Eni over allegations they knew about bribes in a Nigerian oil deal saying that as it involves the same essential facts as a separate Italian criminal case. The ruling is a victory for the oil companies, which have been clouded by accusations in a years-old dispute over exploration rights to a tract in the Gulf of Guinea called Oil Prospecting License 245 that has spread to courtrooms throughout Europe.

The Nigerian government said in its own statement that the Italian criminal case has a completely separate legal basis from the UK civil case and it would seek permission to appeal.

The ruling does not affect ongoing Italian criminal proceedings, where Nigeria has a separate legal claim.'

The Nigerian government claims that money the companies paid to acquire the oil exploration license in 2011 was diverted to bribes and kickbacks. It says Shell and Eni are partly responsible for the behaviour of Nigerian officials who used a USD 1.1 billion payment to acquire the oil block for personal enrichment. Shell and Eni have denied any wrongdoing.

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Posted By : Yogender Pancholi on Mon, 25 May 2020
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