Nigeria Charges Shell, Eni With Corruption Over Asset Purchase
Source: BFW (Bloomberg First Word)
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RDSA LN (Royal Dutch Shell PLC)
ENI IM (Eni SpA)
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UUID: 7947283
(Bloomberg) -- Nigeria’s Economic and Financial Crimes Commission charges Shell and Eni with making a corrupt payment of $801m in 2011 connected to the purchase of oil prospecting license 245, according to documents filed at the Federal High Court in Abuja.
Alert: HALISTER1- Eni did nothing wrong in respect of the acquisition of the oil field in 2011 and hasn’t been notified of any new charges, company said in emailed statement
- Shell didn’t immediately respond to a request for comment
- READ: Jan. 26, Nigeria tells Shell, Eni to cede oil field pending investigation
Source: BFW (Bloomberg First Word)
Tickers
RDSA LN (Royal Dutch Shell PLC)
ENI IM (Eni SpA)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283