Eni officials tried to convince a witness to withdraw statements in Nigeria fraud case – prosecutor
Officials from Eni sought to convince a witness, a former Eni manager, to withdraw some statements he made during investigations into a Nigerian corruption case involving the Italian oil group, a…
Eni, Shell graft case: Italian prosecutors complain over “unprecedented” delay in releasing evidence
Italian prosecutors have complained to Switzerland about lengthy delays in obtaining evidence they have requested in the $1.3bn oil deal international corruption case involving oil firms Shell and Eni, a…
Nigeria loses in court in 57m barrels crude export suit, may appeal
A Nigerian court on Wednesday dismissed government claims that subsidiaries of Eni and Petrobras illegally exported crude oil to the United States, but a lawyer representing authorities in the West…
Malabu Oil Deal: Court Grants Arrest Warrant Against Dan Etete, Mohammed Adoke, 4 others
Justice D.Z. Senchi of a FCT High Court, Jabi has granted prayers of the EFCC, and issued a warrant of arrest against Dan Etete, ex-Minister of Petroleum and Mohammed Adoke,…
Corruption Scandal: Eni’s Group Audits in Nigeria May Prompt Management Reshuffle- source
Italy’s Eni has carried out internal audits in a case revolving around its group in Nigeria over corruption scandal. A source with knowledge of the matter told Reuters on Thursday…
Shell faces more charges over bribery, emission, explosion
Shell will be prosecuted for criminal charges relating to a $1.3 billion settlement for an oil exploration licence in Nigeria, and has also been summoned by prosecutors to face charges…
PSC Non- Review: Nigeria loses $16bn in Ten Years – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that Nigeria lost at least $16 billion in ten years due to non-review of the 1993 Production Sharing Contracts, (PSC), with oil…
$1.3 bn OPL-245: Shell Confirms DPP’s Investigation
Mr Bamidele Odugbesan, Manager, Media Communications of Shell Nigeria, has confirmed the Dutch Public Prosecutor’s Office investigations against Royal Dutch Shell (RDS). Odugbesan, who confirmed the development to the News…
Dutch Prosecutors Prepare Criminal Charges Against Shell Over Nigeria Oil Deal
Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over its $1.3 billion acquisition of Nigerian offshore oilfield OPL 245 in 2011. Shell said in a statement on its…
$875m Fraud: FG Granted Plea to Proceed With JPMorgan Chase Trial
A High Court in London headed by Justice Andrew Burrows has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. The bank is alleged to have enabled the misappropriation…