HALISTER1: Nigeria Files New Corruption Charges Against Shell, Eni: Reuters

Nigeria Files New Corruption Charges Against Shell, Eni: Reuters

(Bloomberg) -- New charges filed after Economic and Financial Crimes Commission (ECFC) found additional evidence, Reuters says, citing interview with Jonson Ojogbane, a senior EFCC prosecutor.
  • New filing says companies and co. officials violated corruption laws by paying $801m to Nigerian officials to acquire the oil field in 2011
  • Eni said it hasn’t been notified of new charges, reaffirms it acted correctly; Shell didn’t immediately respond to request for comment: Reuters
  • NOTE: Nigerian court in Jan. ordered Shell, Eni to temporarily cede control of oil field amid investigation
Alert: HALISTER1
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