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Nigeria Issues Arrest Warrants for Ex-Ministers Over Malabu Oil Deal

INTERPOL and any other law enforcement agencies would have the authority to arrest the men.

By Reuters: April 17, 2019

ABUJA/LONDON — A Nigerian judge issued arrest warrants for two former ministers and an Eni manager over the sale of offshore oilfield OPL 245 by Malabu Oil and Gas in 2011, the Economic and Financial Crimes Commission said on Twitter on Wednesday.

Dan Etete, former petroleum minister, ex-attorney general Mohammed Adoke and Eni manager Roberto Casula “are to be arrested anywhere they are found”, the EFCC said in a statement. It said it followed a ruling by a judge in the capital, Abuja. read more

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BLOOMBERG: Nigeria Court Orders Arrests Over Shell and Eni Malabu Oil Deal

By Dulue Mbachu: 17 April 2019, 16:25 BST

A court in Nigeria ordered the arrest of two former ministers and others allegedly connected with illegal payments leading to the 2011 acquisition of what is considered one of the biggest oil fields in the West African country.

Former Justice Minister and Attorney General Mohammed Adoke, ex-Oil Minister Dan Etete and five foreign nationals linked to the acquisition of Malabu’s Oil Prospecting License 245 were declared wanted Wednesday by Justice Danlami Senchi of the Federal High Court, Abuja. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell/Eni alleged $1.1 billion paid in bribes to Nigerian government officials

Royal Dutch Shell and Italy’s Eni have been embroiled in a legal battle since 2011 over an alleged $1.1 billion paid in bribes to Nigerian government officials,  related to the acquisition of new off-shore drilling rights. Nigeria is now counter-suing for $1.14 billion (868 million British pounds) in a London court…

Contributor, Energy: April 15. 2019

With the reelection of Muhammadu Buhari to the Nigerian presidency, Africa’s leading oil exporter faces a challenge as old as Nigeria itself: political corruption. This scourge shortchanges ordinary Nigerians and undermines the country’s development.

Royal Dutch Shell (NYSE:RDS-A) and Italy’s Eni (NYSE:E) have been embroiled in a legal battle since 2011 over an alleged $1.1 billion paid in bribes to Nigerian government officials,  related to the acquisition of new off-shore drilling rights. Nigeria is now counter-suing for $1.14 billion (868 million British pounds) in a London court, claiming that Shell and Eni assisted “corrupt Nigerian government officials to breach fiduciary duties” in the deal. This scandal comes after a leaked 2013 report, which details how Nigeria’s National Petroleum Corporation (NNPC) owed the government $20 billion in revenue due to its failure to report its earnings. It seems there is no shortage of legal quagmires for Africa’s most populous nation. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245 Italian Trial News 3 April 2019

THE contract award of Oil Prospecting License (OPL) 245 to Shell and ENI, did not follow Nigerian legal provisions, Dayo Ayoade, a Nigerian legal practitioner told a court in Milan, Italy on Wednesday.

Ayoade said this during his lead presentations to prosecutors in the ongoing case of the Malabu oil deal which had to do with the controversial and illegal selling of one of Nigeria’s most promising oil well, OPL 245, to two giant international oil companies (IOCs), Shell and ENI. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell CEO Ben Van Beurden wiretapped by Dutch Public Prosecutors

English translation of an article published by Dutch newspaper ncr.nl on 26 March 2019. The extensive parts of the article relating to Ben van Burden and Shell are in bold print. 

Are top managers being bugged?

White collar, dirty hands? You don’t have to be a suspect of cocaine smuggling in the Netherlands to be overheard by the judiciary. In recent years, the telephones of at least two board chairmen have been tapped. Maybe even more. They never put such information in an annual report.

The first was Theo Bruijninckx, chairman of the board of the then already financially weakened construction company Ballast Nedam. In the spring of 2012, he was intercepted on various telephones (home, mobile, at the office). He was not a suspect, but justice was looking for information about an older bribery case. Ballast Nedam was taken over by the Turkish conglomerate Rönesans after a series of losses in 2015. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Outrage over Shell CEO monster pay package

Shell’s CEO Ben van Beurden bows to Russian Leader Putin: Good Friday, 18 April 2014

Yesterday the Dutch newspaper Financieele Dagblad published a truly devastating article Shell gas leaks, fires and accidents about Shell playing fast and loose with the health and lives of its employees. Today there is mass coverage of the outrage over the £17m pay package awarded to Shell CEO Ben van Beurden. The revulsion also has to be seen against the damaging litigation engulfing the energy giant, including OPL 245 corruption charges and a related raid on Shell HQ involving BvB and his then CFO, Simon Henry. Both were embarrassed by a wiretapped conversation between them discussing obstructing the investigation and the revelation by BvB that Shell had hired hapless former MI6 “people” who had been cavalier with Shell’s OPL 245 secrets. Why is Shell rewarding such behaviour, which is completely at odds with Shell’s claimed business principles?  

Shell chief’s pay doubles to 143 times average UK employee’s

The chief executive of oil-company Shell saw his pay more than double last year to more than €20m (£17m). Ben van Beurden’s total salary in 2017, which was approximately €9m, prompted a shareholder revolt. The raise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking in. Dutchman Mr van Beurden’s pay is now 143 times larger than the average Shell employee in the UK. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245: Shell Annual Report 2018: NIGERIAN LITIGATION 

In February 2019, we were informed by the Dutch Public Prosecutor’s Office (DPP) that they are nearing the conclusion of their investigation and are preparing to prosecute Royal Dutch Shell plc for criminal charges directly or indirectly related to the 2011 settlement of disputes over OPL 245 in Nigeria. Investigations by authorities in other jurisdictions are ongoing.

Any violation of the US Foreign Corrupt Practices Act or other relevant anti-bribery, anti-corruption or anti-money laundering legislation could have a material adverse effect on Royal Dutch Shell plc’s earnings, cash flows and financial condition.

Shell Annual Report 2018: NIGERIAN LITIGATION

NIGERIAN LITIGATION
Shell subsidiaries and associates operating in Nigeria are parties to various environmental and contractual disputes brought in the courts of Nigeria, England and the Netherlands. These disputes are at different stages in litigation, including at the appellate stage, where judgements have been rendered against Shell entities. If taken at face value, the aggregate amount of these judgements could be seen as material. Management, however, believes that the outcomes of these matters will ultimately be resolved in a manner favourable to Shell. However, there remains a high degree of uncertainty regarding these cases, as well as their potential effect on future operations, earnings, cash flows and Shell’s financial condition. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245: SHELL, GRAFT AND THE OGONI

Mark Robinson

Last week, Royal Dutch Shell (RDSB) revealed that it is facing charges in the Netherlands relating to corruption allegations surrounding a Nigerian oil bloc called OPL 245. Shell and Italian major ENI SpA (ENI.IM) acquired the licence in 2011 for around $1.3bn (£992m), but it’s alleged that a significant proportion of the monies was destined for use as kickbacks for politicians and officials, with former Nigerian oil minister Dan Etete – a convicted money launderer – acting as the principal intermediary. Although the funds were paid to the Nigerian government, it’s claimed that they found their way into the coffers of Malabu Oil and Gas — a company linked to Mr Etete. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Witness in Shell-Eni Nigeria Trial Withdraws Graft Accusations

By Kelly Gilblom, Sergio Di Pasquale and Chiara Albanese: 6 March 2019, 16:24 GMT

Richard Granier-Deferre testified in Milan Wednesday

Shell, Eni accused of participating in corrupt 2011 oil deal

A retired Swiss oil executive who previously said he had knowledge of illicit dealings over a Nigerian oil block involving Royal Dutch Shell Plc and Eni SpA reversed his statements at a trial in Milan Wednesday.

“I’ve never had contact with Shell,” ex-executive Richard Granier-Deferre said. “I’ve never had relations with people from Eni in my entire career.”

The trial centers on Oil Prospecting License 245, offshore Nigeria, which has snowballed into one of the largest scandals over alleged corruption in the industry’s history. Italian prosecutors are arguing that when Shell and Eni paid more than $1 billion to settle legal disputes over the block and acquire rights to develop it, much of that payment went into bribes and kickbacks. On Friday, Shell said it is also facing criminal charges in its home country of The Netherlands over the block. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell To Face Charges in the Netherlands For Nigerian Oil Deal

Both companies are also in court in London, where the Nigerian government is suing for more than $1 billion in an attempt to reclaim the money it says belongs to the Nigerian people.

Published: Monday, 04 March 2019

Royal Dutch Shell is to be prosecuted in the Netherlands over alleged corruption in a US$1.3 billion Nigerian oil deal, a case already standing trial in Italy.

Shell announced on Friday that the Dutch Public Prosecutor’s Office is preparing to prosecute “for criminal charges directly or indirectly related” to the deal. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch State prosecuting Shell in two separate cases

The investigation into corruption by Shell in Nigeria has not yet been completed, but according to the current investigation, according to the Public Prosecution Service, there are already prosecutable offences.

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.

Public Prosecution Service is taking Shell’s attention

Bert van Dijk and Vasco van der Boon

The Dutch State will prosecute Shell in two separate cases. The oil and gas multinational is under fire from the Public Prosecution Service (OM) because of possible bribery in Nigeria in 2011 and because of an explosion in June 2014 at Shell Moerdijk. The Public Prosecution Service has announced this on Friday.

Shell has already been summoned for the explosion in Moerdijk. Shell is also being taken to court for a leak of the toxic substance ethylene oxide.

Corruption in Nigeria

The investigation into corruption by Shell in Nigeria has not yet been completed, but according to the current investigation, according to the Public Prosecution Service, there are already prosecutable offences. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch Public Prosecution Service (OM) starts a criminal case against Shell for bribery in Nigeria

Justice invaded the Shell headquarters in The Hague three years ago. Last March, Shell itself filed a report against the Australian former director Peter Robinson, who may have been guilty of corruption in Nigeria. However, that case is about another oilfield.

English translation of an article published today in Dutch by nrc.nl

‘Dutch Public Prosecution Service (OM) starts a criminal case against Shell for bribery in Nigeria’

It is a $ 1.3 billion oil deal from 2011, according to Shell. Some of that money would have ended up with high officials.

Steven Musch: March 1, 2019 at 9:58

The Dutch Public Prosecution Service is going to prosecute oil company Shell for illegal activities in Nigeria, reports the oil company on its website.

The Public Prosecution confirms this but does not yet want to say whether and when a summons is issued.

The company has been informed by the judicial authorities that they are working on criminal prosecution and that the investigation has almost been completed. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

OPL 245: Shell CEO Ben van Beurden in the firing line

In September 2017, four foreign NGOs filed a declaration in the Netherlands against Shell, Van Beurden and three (former) directors. According to lawyer Barbara van Straaten of the law firm Prakken d’Oliveira, this declaration was added to the current investigation by the Public Prosecution Service.: Almost a year ago, Shell itself filed a statement against former director Peter Robinson. According to the group, the Australian would have been guilty of corruption in Nigeria. Robinson is one of the four former Shell employees who stand trial in Milan. Justice in the US and stock market watchdog SEC were also informed.

English translation of a Dutch article published today by ncr.nl

The question is: did Shell know that the money ended up with the politicians?

Corruption The bulk of the purchase price for the Nigerian oil field OPL 245 ended up in the pockets of politicians. Justice thinks it has enough evidence to prosecute Shell.

Hester van SantenErik van der Walle: 1 March 2019 at 1:00

Shell is being prosecuted in the Netherlands because of possible corruption in Nigeria. The oil and gas company announced on Friday morning that it has been informed about this by the Public Prosecution Service (OM). According to a spokesperson for the Public Prosecution Service, “offences” have been committed and there is “enough to prosecute”. The spokesman states that the investigation has almost been completed. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Dutch Prosecutor prepares to prosecute Shell for 2011 purchase of Nigerian oilfield

MARCH 1, 2019 / 7:22 AM

March 1 (Reuters) – Royal Dutch Shell Plc said on Friday it was informed by the Dutch Public Prosecutor’s Office that they were preparing to prosecute the oil major for criminal charges related to its 2011 purchase of a Nigerian oilfield.

Italy’s Eni SpA and Shell bought the OPL 245 offshore field for about $1.3 billion in a deal that spawned one of the industry’s largest corruption scandals. It is alleged that about $1.1 billion of the total was siphoned to agents and middlemen. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

The crooks at USB Bank and Royal Dutch Shell

Former Shell CEO Peter Voser is an unlucky man. He had the incredible misfortune to be in charge of the bad guys at both corporate giants, Shell and UBS Bank simultaneously, while presumably being personally innocent of any criminal acts? What are the chances of that happening? The question of managerial negligence, twice-over, must surely be another matter?

By John Donovan

Printed below is an article published yesterday by BBC News reporting that the “Swiss banking giant UBS has been fined €3.7bn (£3.2bn; $4.2bn) in a French tax fraud case.”

The article goes on to say that “Following similar cases in the US in 2009 and Germany in 2014, the bank accepted large fines.”

During the period of criminal activity the then Chief Executive Officer of Royal Dutch Shell Plc – Peter Voser – was paid millions of Swiss francs in his role as a director of UBS AG. He was also a member of the governance and nominating committee and of the strategy committee. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

PETROLEUM ECONOMIST: Eni and Shell face new Nigeria action

“It is alleged that Shell and Eni engaged in bribery and unlawful conspiracy to harm the Federal Republic of Nigeria and that they dishonestly assisted corrupt Nigerian government officials,” the statement added.

Dolapo Oni: 20 February 2019

The Nigerian government’s decision to formally launch a $1.1bn claim against Shell and Eni in UK courts, relating to funds allegedly misappropriated for bribes and kickbacks during the acquisition of an oil block in 2011, could lead to the largest-ever payment in an oil sector corruption case.

If successful, the case, launched in November 2018, could also open the door for more scrutiny by governments of deals made by their predecessors in the hope of winning similar awards. Eni and Shell deny any wrongdoing related to the deal. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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