Skip to content
July 27, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • Italy prosecutors seek jail term for Eni, Shell executives in Nigeria case
  • International News

Italy prosecutors seek jail term for Eni, Shell executives in Nigeria case

Admin July 23, 2020
Shell-Eni

(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

Italian prosecutors in a Milan court have asked for oil majors Eni and Shell to be fined 900,000 euros ($1.04 million) each and sought to confiscate a total of $1.092 billion from all the defendants in the case where the equivalent of the bribes alleged to have been paid.

Eni

Reuters reports that the prosecutors also want some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed for eight years in prison for and seven years and four months for Shell’s former head of upstream Malcolm Brinded.

In one of the oil industry’s biggest suspected scandals, Italian prosecutors allege Eni and Shell acquired a Nigerian oilfield in 2011 knowing most of the $1.3 billion purchase price would go to politicians and middlemen in bribes.

The companies and individuals accused have all denied wrongdoing in the case.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Claudio Descalzi Eni Malcolm Brinded Shell

Post navigation

Previous Insurgency: UN condemns execution of 5 aid workers in Borno
Next Buhari condemns execution of aid workers, restates commitment to wipe out vestige of Boko Haram

Related Stories

Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns walker
  • International News

Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns

July 26, 2026
NICASA condemns alleged killing of Nigerian Chika Ibe in South Africa
  • International News

NICASA condemns alleged killing of Nigerian Chika Ibe in South Africa

July 24, 2026
OPEC+ likely to again raise oil output targets from September – Sources say OPEC
  • Business & Economy
  • International News

OPEC+ likely to again raise oil output targets from September – Sources say

July 24, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

At least 30 killed in Kaduna state community attack – Residents say Ecommerce
  • National News

At least 30 killed in Kaduna state community attack – Residents say

July 27, 2026
NAF completes test for first M-346 Fighter Attack aircraft air component
  • National News

NAF completes test for first M-346 Fighter Attack aircraft

July 27, 2026
Edo deploys 497 forest guards to secure ungoverned areas
  • National News

Edo deploys 497 forest guards to secure ungoverned areas

July 27, 2026
Colombia to establish embassy in Nigeria – President-elect
  • National News

Colombia to establish embassy in Nigeria – President-elect

July 27, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.