FG unhappy with Italian court decision to acquit Shell and Eni – Nairametrics

The Nigerian government has expressed disappointment in Italian courts for acquitting Shell and Eni in the $ 1.3 billion purchase of Nigeria’s OPL 245 offshore oil field in 2011 from Malabu Oil and Gas, a company owned by the Nigerian government. former Nigerian petroleum minister Dan Etete.

This was disclosed by the FG in a statement revealed by Reuters after the ruling was handed down by an Italian judge.

READ: UK Supreme Court says polluted Nigerian communities can sue Shell in English courts

“The Federal Republic of Nigeria is disappointed with today’s decision in Milan, but thanks the Italian prosecution authorities for their tireless efforts.

“The Federal Republic of Nigeria will continue to hold accountable those responsible for the fraud of OPL 245”, said the FG.

READ: Nigeria’s auto policy in tatters as import of cars and motorcycles hits N1 trillion

What you should know

  • Nairametrics reported that an Italian court in Milan on Wednesday acquitted oil giants Eni and Royal Dutch Shell as well as a range of past and present executives, including Eni chief executive Claudio Descalzi, on corruption charges, involving a $ 1.1 billion payment in the oil industry’s biggest corruption scandal.

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