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OPL 245: Latest on Corrupt Former Nigerian Petroleum Minister Diezani Alison-Madueke

The prosecutor alleges that money was also channeled to Eni and Shell executives with $50million in cash delivered to the home of Eni’s Chief Operations Officer.

A few days ago Sahara Reporters published an article reporting the latest news about a $1.7b Asset Recovery lawsuit. It was filed by the Federal Republic of Nigeria and two of its agencies,Nigerian Petroleum Development Company Ltd (NPDC) and Nigerian National Petroleum Corporation (NNPC), against two oil companies linked to former Nigerian Petroleum Minister Diezani Alison-Madueke, who also involved in the OPL 245 corruption scandal. 

A maze of financial transactions involving numerous properties and a number of different banks is set out in the law suit.

In Italy, related charges are being sought by the Milan prosecutor against 11 individuals, including Eni’s current CEO, Claudio Descalzi and his predecessor Paolo Scaroni. The prosecutor has also requested that Shell and Eni in their corporate capacities stand trial.

The prosecutor claims that $1.1 bn of the money paid by Shell and Eni to a Nigerian government escrow account was, with the knowledge of those charged, transferred to a company controlled by a former oil minister and then used to pay bribes to then Nigerian President Goodluck Jonathan, Oil Minister Diezani Alison-Madueke and Attorney General Mohammed Adoke.

The prosecutor further alleges that money was also channeled to Eni and Shell executives with $50million in cash delivered to the home of Eni’s Chief Operations Officer.

Text in all but the first two paragraphs is taken from an April 2017 briefing by Global Witness entitled Shell, Eni & Company executives face corruption charges: Key issues for investors

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