EnergyAccessAfrica

Shell, Eni executives in $1bn Nigeria bribery case Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the  Federal Government  said in a London lawsuit that it believed a handful of executives, including Chief Executive Officers, were tied to more than $1bn in bribery payments. The Federal Government had in December last year filed a $1.1bn lawsuit against Shell and Eni in a commercial court in London in relation to a 2011 oilfield deal in Nigeria. In court  documents  filed in early April, the Nigerian government said the oil companies’ senior managers agreed in 2011 to make a large payment for an offshore oil block, Oil Prospecting Licence 245, understanding the money would trickle down to government officials and senior executives from both companies, Bloomberg reported on Tuesday. The filing singles out individuals who haven’t previously been caught up in the scandal, including a former Shell CEO, ...