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Malabu oil deal: Italian prosecutors lose again, hope grows for Eni, Nigerian suspects

Shell-Eni

Malabu oil deal: Italian prosecutors lose again, hope grows for Eni, Nigerian suspects

By Admin
(COMBO) This combination of pictures created on December 20, 2017 shows the logo of a Shell petrol station in central London on January 17, 2014 and the logo of the Italian oil and gas company Eni in San Donato Milanese, near Milan on October 27, 2017. Italian giant Eni and fellow petroleum company Shell will stand trial in Italy over allegations of bribery and corruption in the 2011 purchase of an offshore oil block in Nigeria according to Italian media reports on December 20, 2017.
A judge in Milan ordered Eni, Shell and key figures such as Eni chief Claudio Descalzi and his predecessor Paolo Scaroni to stand trial in proceedings to begin March 5.
/ AFP PHOTO / CARL COURT AND MARCO BERTORELLOCARL COURT,MARCO BERTORELLO/AFP/Getty Images

A Milan court has rejected a prosecution request to hear testimony from a former legal adviser of Eni who has accused the company of spying on judges, offering a boost to the Italian oil firm as it fights bribery allegations over a Nigerian oil field called the Malabu oil deal. Shell and Eni were involved in the deal.

Key Nigerians including a former president, a former petroleum ministers had been accused of benefiting from bribe money in the controversial deal.

The ruling removes the prospect of months of testimony voicing allegations of wrongdoing by Eni and sets a timetable for finally reaching a verdict in the long-running case.

The decision is the second piece of bad news in a few days for Milan prosecutors after a witness last week refused to confirm a key statement.

In one of the oil industry’s biggest ever scandals, popularly called Malabu oil deal by Nigerians, Italian prosecutors allege Eni and Shell bought a Nigeria oilfield in 2011 knowing most of the $1.3 billion purchase price would go to agents and middlemen in bribes. Nigeria has a history of bribery and sleaze in its oil and gas industry which over the years has become the shorted route to acquiring billions of naira by government officials.

Eni and Shell have both denied any wrongdoing.

In a separate investigation, prosecutors allege Eni officials sought to obstruct justice by discrediting key prosecution witnesses in the main trial.

In that case, Piero Amara, a former legal adviser to Eni, alleged company officials ordered information to be gathered on prosecutors, board members and journalists to undermine them and distract attention away from the main case.

Eni has categorically denied ever having set up any kind of information-gathering operations and considers itself a victim if any crime of obstruction were shown to have been committed.

Judges on Wednesday turned down a request by prosecutors to call Amara as witness in the main OPL-245 trial on the grounds such a move would not have any decisive effect on the trial.

The judges set a series of dates, starting on March 25, for the prosecution to sum up its case and lay out its sentencing requests for those involved.

Eni and Shell are being tried in Milan along with some of their managers, including Eni Chief Executive Claudio Descalzi. The managers have also denied wrongdoing.