Oil Giants Wait for Ruling on Nigeria's Malabu Oil Scandal
Oil multinationals, ENI and Shell are waiting for an Italian court judgement on whether U.S.1,1 billion paid in the controversial Malabu oil deal in Nigeria was used as a bribe to win the licence for the oil bloc.
Premium Times, 19 September 2018
Oil multinationals, Eni and Shell, will on Thursday be on the lookout as a Milan judge will decide for the first time whether $1.1 billion of the sum paid in the controversial… Read more »
Vanguard, 19 September 2018
An Italian court has concluded plans to deliver its first verdict on the trial of top Shell and Eni executives, over alleged corruption in the controversial Malabu scandal tomorrow… Read more »
Attorney General Abubakar Malami has asked the Economic and Financial Crimes Commission to review the charges of fraud against former petroleum minister Dan Etete, former attorney ... Read more »
Nigerian and Italian investigators accuse officials of both ENI and Shell of shady financial deals to secure a licence for the oilfield OPL 245. The case has been billed as one of ... Read more »