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Posts Tagged ‘Corruption’

Shell’s Nigerian Quagmire

Bearing in mind the avalanche of recent news stories about Shell’s Nigerian problems, it is interesting to reflect on the content of a 93-page report by WAC Global Services commissioned by Shell over a decade ago. I can only assume that no one at Shell bothered to pay attention to the warnings in the report arising from its evil activities feeding corruption, violence and pollution.

Some extracts

(Please note SCIN = SHELL COMPANIES IN NIGERIA)

From page 8

It is easy to conclude that any type of company or trade bringing resources to the Niger Delta will be confronted with the same problem. While this view is valid, it is also true that the manner in which the SCIN operates and it staff behaves creates, feeds into, or exacerbates conflict. After over 50 years in Nigeria, it is therefore reasonable to say that SCIN has become an integral part of the Niger Delta conflict system.

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OPL 245: A falling out of thieves

The unbecoming squabbling between the crooks involved in the OPL 245 corruption scandal has taken a new turn.

Malabu Oil and Gas has filed a lawsuit in the Nigerian Federal High Court against the Nigerian Federal Government and six other parties involved in the $1bn plus scandal. 

The new action arises from the Nigerian court decision a few days ago to pass ownership of the OPL 245 block back to Shell and Eni/Agip. 

The defendants include: 

  • Shell Nigeria Ultra Deep Limited
  • Shell Nigeria Exploration and Production Company Limited
  • Nigerian Agip Exploration Company Limited
  • Nigerian Economic and Financial Crimes Commission (EFCC)
  • Former Petroleum Minister, Dan Etete
  • The Nigerian Minster of Petroleum

I have not indicated which parties are honest and which are crooks. It is impractical to do so because, in matters involving Nigeria, it is sometimes difficult to separate one from the other, bearing in mind that three Nigerian Presidents have all been implicated in the amazing unsavoury spectacle. The judiciary is also riddled with corruption.

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Shell Sinking in OPL 245 Quicksand

By John Donovan

Did Shell senior management and their spook advisors really think that it was possible to get into bed with a shyster such as Dan Etete and remain uncontaminated?

There were too many crooks, too many players and too much money involved to keep the $1bn plus OPL 245 deal secret. It was only a matter of time before the corruption scandal was bound to unravel.

The facts emerged gradually, in various litigation, in multiple jurisdictions, including the USA, mainly over the division of the spoils.

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Shell confirms several countries investigating OPL 245 scandal

By John Donovan

Printed below are extracts from Shell’s Annual Report and Form 20-F 2016 relating to the OPL 245 corruption scandal.

Shell confirms that authorities in various countries are investigating its investment in Nigerian Oil Block OPL 245

Page 15

Authorities in various countries are investigating our investment in Nigerian oil block OPL 245 and the 2011 settlement of litigation pertaining to that block. On January 27, 2017, the Nigeria Federal High Court issued an Interim Order of Attachment for oil block OPL 245, pending the conclusion of the investigation. Shell has applied to discharge this order on constitutional and procedural grounds. On February 14, 2017, we received notice of the request of indictment from the Italian prosecution office in Milan with respect to this matter.

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NEW SHELL MI6 SPY POPS UP IN OPL 245 ARTICLE

A new name, Ian McCredie – another former MI6 spy who once worked for Shell – has popped up in an article about the Nigerian OPL 245 corruption scandal engulfing Shell and ENI. See: How Shell used former British spies to gather intelligence while negotiating purchase of OPL 245

The article says in relation to the Malabu oil scam, that Shell set up an intelligence network made up of some of Europe’s top spies. Former British Secret Intelligence Service (MI6) agents, including Guy Colegate and John Copleston, are identified as members of the Shell Intelligence Network Committee (SINC) “set up by Ian McCredie, a respected spy.”  The article goes on to say that there is no suggestion of any wrongdoing by him.

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OPL 245 scandal and Shell’s former MI6 spies

By John Donovan

The Observer has published a revealing article today about Shell’s involvement in the OPL 245 Nigerian corruption scandal and its use of hired former MI6 officers in connection with the transaction. 

Reference is made to the raids made by Italian investigators on Shell’s headquarters in The Hague and Eni offices in Italy, which “yielded tens of thousands of documents and emails.”

The Observer article focusses on a $800m financial transaction involved in the $1.3bn overall OPL245 deal. It was negotiated in part by two ex-MI6 officers hired by Shell as “business and investment advisers”. Namely, Guy Colegate and John Copleston.

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LEAKED EMAILS SHOW SHELL AND ENI CONSPIRING TO HIDE PAYMENT IN CORRUPT OPL 245 DEAL


Global Witness has published leaked emails between Eni and Shell officials conspiring to arrange the OPL 245 deal

Italian prosecutors are seeking separate charges against four senior Shell executives including current Shell Foundation Chairman Malcolm Brinded, who was head of Global Exploration and Production at the time of deal.

3rd March 2017

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 recieving 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.

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Shell Nigerian corruption, lunch and lots of iced champagne

A few minutes ago I published an article that mentioned Shell’s long-standing connection with Hakluyt & Company, the private spy firm populated by former senior MI6 officers. 

Titled Shell directors were directors, major shareholders and for a time, the ultimate spymasters in the company. Shell was and remains a client.

I have had direct dealings with Hakluyt in connection with Shell that I can only describe as bizarre. One thing was plain. They were very concerned. A titled lawyer, Sir Anthony Hammond QC drafted the response we received. Interesting then to see an article just published by the London Evening Standard. 

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Shell’s Role in Irish Police Corruption Scandal

By John Donovan

In April 2013, I informed Alan Shatter, the then Irish Minister for Justice & Equality about widespread corrupt practices involving the Irish police. I received an emailed acknowledgement of the warnings from his then Private Secretary Damien Brennan.

Shortly thereafter Shatter was forced to resign after a state-commissioned report found that both the government and police had failed to properly address allegations of Irish police corruption.

Shell was a corporate sponsor of corruption in Ireland aided and abetted by its then”Mr Fixit” company OSSL, who to this day, freely admit their involvement in distributing bribes on behalf of Shell to smooth the path of the controversial Corrib Gas Project.

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Simon Henry sells another £1m worth of Shell shares

The fact that Simon Henry the departing Chief Financial Officer of Royal Dutch Shell Plc has flogged another £1m plus worth of Shell shares has not gone unnoticed in the financial media.

The above Daily Mail article based on information I supplied, was published several weeks ago after Henry sold £1m worth of his Shell shares days before his unexpected resignation.

Now the latest instalment in his Shell share selling spree has been taken up by Interactive Investor, asking whether director dealing activity can be a warning sign. 

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Shell Charged With Corruption In OPL 245 Nigerian Oil Deal

Italian prosecutors have reportedly charged oil giants Shell and Eni with international corruption offences, as the companies struggle with the fallout from their controversial 2011 purchase of an oil licence in Nigeria.

Several senior executives from the two companies – including Eni’s current CEO Claudio Descalzi – have also been asked to stand trial individually over the $1.3billion deal, along with former Nigerian oil minister Dan Etete.

Shell declined to comment when approached by Energydesk. Individuals briefed on the matter said the company had not yet received notice from the Italian prosecutors.

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Which Members of the Royal Dutch Shell Executive Committee Approved the OPL 245 Scam?

In March last year, a regular contributor to this website using the alias “Outsider” (in fact a well-connected insider) posted the following comment and question on our Shell Blog.

Contrary to what today’s newspaper reports might suggest, Shell wasn’t “dragged” into the long-running OPL 245 scandal – Shell was involved in orchestrating it from the very start.

Since expenditure at this level must have required the approval of the EC it will be interesting to see whether Shell will let us know which members of the EC were responsible for approving the scam.

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