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Nigeria sues Eni & Shell for $1.1B over Malabu scam
Royal Dutch Shell and Eni are being sued by Nigeria. Africa’s largest oil producer filed a $1.1 billion legal claim against the two companies in London on Dec. 13 over a deal struck in 2011 for deepwater oil license OPL 245. If that license sounds familiar, it’s because its already the subject of a fraud trial in Italy in which prosecutors accuse the pair of companies and a dozen other defendants of paying out......
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