Landmark prosecution as Nigerian authorities charge Shell and Eni over shady $1.1 billion OPL 245 deal

Oil giants Shell and Eni face historic criminal charges over a tainted $1.1 billion deal struck for Nigerian oil block OPL 245 in 2011, Global Witness reported today.

According to charges filed by Nigerian law enforcement agency, the Economic and Financial Crimes Commission (EFCC) at the High Court in Nigeria’s capital, Abuja, Eni, Eni’s Nigerian subsidiary Nigerian Agip Exploration Limited and Shell’s Nigerian subsidiary Shell Nigeria Exploration Production Company Limited are accused of conspiring to commit “Official Corruption contrary to Section 9 of the Corrupt Practices and Other Related Offences Act, 2000”.

Former Nigerian Justice Minister Mohammed Adoke and former Oil Minister Dan Etete were also charged with official corruption for receiving over $800m from Shell and Eni. This is the first time that the two oil companies have been charged in Nigeria for their role in the deal.

Fresh money laundering charges were also filed against former Justice Minister Mohammed Adoke. The EFCC alleged in court filings that Mr. Adoke received $2,267,400 on September 16, 2013, Adoke is alleged to have received these funds as payment for the negotiations he brokered between Shell, Eni and Dan Etete’s company for the OPL 245 oil block.

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Source: Global Witness

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About Cholo Brooks 13141 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.