Eni and Shell face Italian court ruling in Nigerian corruption case
A Milan court is due to issue a verdict on Wednesday…
CONTRIBUTORS PUBLISHED MAR 17, 2021 8:52AM EDTMILAN, March 17 (Reuters) – A Milan court is due to issue a verdict on Wednesday in the oil industry’s biggest corruption trial, a case centred around the purchase of a Nigerian oilfield by Eni ENI.MI and Royal Dutch Shell RDSa.L for $1.3 billion a decade ago.
After more than three years of proceedings and 74 hearings, judges withdrew to their chambers on Wednesday to consider their verdict, said Marco Tremolada, who heads the panel of judges, adding that a ruling was expected in the afternoon.