Nigeria Asks for Advance Payment from ENI, Shell in Graft Case

The government has asked a Milan court to order international oil firms, Eni and Royal Dutch Shell to pay U.S.$1.092 billion as an immediate advance payment, ahead of any broader damages package set by a court at a later date. The long-running bribery case revolves around the purchase of the OPL 245 offshore field for about $1.3 billion from Malabu, a company owned by former Nigerian oil minister and attorney-general Dan Etete.

 

Gavel.

InFocus

Don't Miss

AllAfrica publishes around 600 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.