Eni and Royal Dutch Shell were aware that most of the money they spent to buy Oil Prospecting Lease 245, a Nigerian oilfield in 2011, would go in corrupt payments to politicians and officials, a prosecutor said yesterday.
Italy’s Eni and Shell, who deny any wrongdoing, bought the OPL 245 offshore field in 2011 for about $1.3 billion from Malabu, a company owned by former Nigerian oil minister, Mr. Dan Etete. During a seven-hour speech in a special court room to meet COVID-19 requirements, Spadaro read out a series of emails between former Shell managers, including one saying it had been taken for granted Etete would have only kept a part of the price for himself, using the rest to pay off Nigerian politicians. “There are a whole load of sharks around,” the email read out by Spadaro said.
Besides the two companies, another 13 people are involved in the case including current Eni Chief Executive, Mr. Claudio Descalzi and former Shell head of upstream, Mr. Malcolm Brinded.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cross River insists on zero COVID-19 infection - The NationThe Cross River Government has insisted that it has no COVID-19 case, saying that it has nothing to gain by hiding cases of infections in the..
Source: TheNationNews - 🏆 6. / 69 Read more »
COVID-19: Gov Ayade gives latest update on Cross River - Daily Post NigeriaThe Cross River State Government has insisted that it has no COVID-19 case, saying that it has nothing to gain by hiding cases of infections in the state.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
COVID-19: Osun SSG Tests Positive as State Records 10 New Cases - THISDAYLIVEHealth commissioner says community transmission likely in Ilesa axis By Yinka Kolawole The Government of Osun State on Tuesday night confirmed that the Secretary to the State Government (SSG), Prince Wole Oyebamiji, had tested positive for Coronavirus. The State’s Commissioner for Health, Dr. Rafiu Isamotu, who made this known in a press statement in Osogbo, …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Nigeria Records Highest Daily Spike of 790 COVID-19 Cases, Death Tolll Now 603 - THISDAYLIVEMartins Ifijeh Nigeria has recorded 790 new cases of COVID-19, bringing to 26,484 the number of confirmed cases in the country. The latest number of infections is Nigeria’s highest daily spike of COVID-19 cases. Announcing this Wednesday, the Nigeria Centre for Disease Control (NCDC) said Delta recorded 166 new cases; Lagos, 120; Enugu, 66; Federal …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
COVID-19 cases in Nigeria will rise - Nigerian govt - Daily Post NigeriaThe Presidential Task Force (PTF) on COVID-19 has declared that coronavirus cases in Nigeria will increase. Secretary to the Government (PTF) of the
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Brace for rise in COVID-19 cases - FGThe Minister of Health, Dr. Osagie Ehanire, on Thursday urged Nigerians to brace up for an increase in the number of COVID-19 cases as a result
Source: TheNationNews - 🏆 6. / 69 Read more »