By Elisha Bala-Gbogbo – Dec 22, 2010 7:58 PM GMT+0000
Royal Dutch Shell Plc paid $10 million in fines to the Nigerian government over alleged bribes paid on its behalf by Panalpina Welttransport Holding AG, to Nigerian customs officials, Justice Minister Mohammed Adoke said.
The settlement is part of a broader resolution of bribery allegations involving companies operating in Nigeria, Africas top oil producer and most populous nation. JGC Corp. of Japan has proposed settlement talks in connection to its role in a $180 million bribery case, Adoke told reporters today in Abuja, the capital. No one answered phone calls to JGCs office in Tokyo outside normal business hours. Tony Okonedo, Shells Lagos-based spokesman, declined to comment when reached on his mobile phone today. A message left outside normal business hours for Martin Spohn, spokesman for Basel, Switzerland-based Panalpina, was not immediately returned. read more
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