Nigeria asks for $1.1 billion advance from Eni, Shell in graft case

The logo of Italian energy company Eni is seen on a booth stand during the Nigeria International Petroleum Summit in Abuja, Nigeria February 11, 2020. Picture taken February 11, 2020. REUTERS/Afolabi Sotunde

At a hearing into alleged corruption linked to Eni and Shell’s 2011 acquisition of the OPL 245 offshore field, Lucio Lucia, lawyer for the Nigerian government, called for the advance payment ahead of a broader damages package to be set by the court at a later date. Prosecutors allege that about $1.1 billion of that money was siphoned off to politicians and middlemen, half of it to Etete himself.

How many legs?!

Don't do it—it's a scam. They asked me to send them $150 once—to help a 'cousin' of mine. I almost fell for it.

Make sure the people who need it get it. corrupt culture

How many Nigerians get a piece of that? 1 or 2?

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Source: Reuters - 🏆 2. / 97 Read more »