You have accessed this news story:
Shell to be prosecuted for alleged corruption in Nigeria oil deal
Shell is facing production in the Netherlands over alleged corruption regarding the acquisition of the OPL 245 block offshore Nigeria in 2011, Reuters reported. The Anglo-Dutch supermajor and Italy’s Eni paid $1.3 billion for the offshore asset to the Nigerian government. Of the total acquisition price, $1.1 billion was allegedly used to bribe businessmen and politicians to secure the deal, according to the report. Eni and Shell have both denied knowledge of any wrongdoing at that time. The case is already......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!