Eni & Shell: The Bribery of the Century

 

Commenting on the judgment, a spokesperson for campaign groups Global Witness, HEDA, Re:Common and Corner House said: "The judgment lays bare the stinking carcass of the OPL 245 deal. Many will be mystified by the conclusions drawn by the judges. The bar they have set for a conviction for international corruption is impossibly high - presenting companies with a 'get out of jail free' card. We urge the public prosecutor to appeal this judgment, which, if allowed to stand, creates a terrible precedent for the global fight against corruption and the ability to hold fossil fuel companies to account.”

Read more about this subject at article. 

The Bribe of the Century

“They were kickbacks. And Eni and Shell knew it,” Sergio Spadaro told judges in Milan, summing up the prosecutors’ case in what is one of the industry’s largest corruption scandals ever.

Read more at Reuters.

Latest update on the OPL 245 Corruption Scandal Case

In 2011, Eni and Shell paid $1.1 billion in a murky deal for #OPL245. Global Witness tracked down documents showing that this money didn’t go to benefit the Nigerian people.

Instead, it went to convicted money launderer, some politicians, government officials and former oil Minister, Dan Etete, who had awarded himself ownership of the block in 1998 via a company he secretly owned, Malabu Oil and Gas.

After six years of denying any wrongdoing, Global Witness’ investigation forced Shell to admit it knew the money would be diverted into private hands, and went ahead with the deal anyway.

Read more in this LINK.

The truth is emerging!

"Internal emails and documents obtained by ⁦‪SOMO ⁩and ⁦‪Milieudefensie‬⁩ reveal that Shell bullied Nigeria with ISDS arbitration to acquire the lucrative oil field OPL245 with extremely favourable fiscal conditions for Shell and Eni" by Bart-Jaap Verbeek

And now Eni? And now Eni's Board?

Shell and Eni on trial

This website is a repository of publicly-available documents relating to the historic prosecution of Royal Dutch Shell and Eni in Milan, Italy, and other jurisdictions for alleged international corruption in the acquisition of the OPL 245 oil field in Nigeria.

Read more at this LINK

Shell Villain vs Eni Victim

Shell has assumed irregularities and illegal activity in the case OPL245 (Nigeria)... The Italian oil giant Eni continues to deny!

In a way, Shell is the "villain" and Eni is the "victim"!

What does the Shell's Board think about it?


Note: Read more about this subject at Global Witness