Shell Executives Charged in Italy Over Nigeria's Malabu Oil Deal

Four senior executives of Royal Dutch Shell have been charged by an Italian court for their role in a bribery scheme involving a former Nigerian petroleum minister, Dan Etete, that deprived Nigeria of over $1 billion. The court's decision came after Shell acknowledged it had prior knowledge that the deal involved a convicted money launderer, but the company denied its officials directly participated in any bribery scheme.



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