It
is going to be a tough time for two major multinational oil companies
in Nigeria as the Economic and Financial Crimes Commission has dragged
them to court.
Shell and Eni have been accused of corruption
Nigeria’s anti-graft agency on Thursday filed corruption charges
against oil majors Shell and Eni over a $1.3 billion offshore block
deal, AFP reports.
The prosecution is being carried out by the Economic and Financial
Crimes Commission (EFCC) who accused 11 defendants of “official
corruption”, according to court documents.
Shell, Eni and Agip, Eni’s Nigerian subsidiary, are alleged to have
corruptly given the “aggregate sum of $801 million” to Nigerian
businessmen and politicians.
The report further stated that this is the latest probe since the
controversial 2011 oil deal that exposed endemic corruption within the
sector.
Italian prosecutors are also looking into the purchase of the OPL
245 block prospecting license. OPL 245 is located in deep offshore
waters in the Gulf of Guinea estimated to hold at least 9 billion
barrels of crude reserves.
The two oil majors involved in the corruption saga have denied any wrongdoing.
“Eni did not do anything wrong,” said the chief executive of Eni Claudio Descalzi to the Financial Times in February.
“At every stage, we have acted in compliance with all
applicable law . . . Eni and Shell paid the government of Nigeria, and
were not involved with the government decision on how to use such
money.”
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