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.
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InFocus
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An Abuja court has postponed the Malabu oil case to June 18, 2018 for the arraignment of Mohammed Adoke, a former attorney-general and minister of justice, and eight others over ... Read more »
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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 »
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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 »