Trial Of Shell, Eni CEO Over Malabu Oil Deal To Begin Monday

Trial Of Shell, Eni CEO Over Malabu Oil Deal To Begin Monday

Senior executives of the Royal Dutch Shell and Eni, will on Monday face criminal charges in Milan, Italy, for alleged aggravated international corruption for their role in a $1.1bn deal for a Malabu Oil’s OPL 245.

Some of the most senior executives of two of the biggest companies in the world could face prison sentences for a deal struck under their watch.

This was made known in a statement on Saturday by the international corruption watchdog, the Global Witness.

Speaking on the latest development, the Chairman Human and Environmental Development Agenda, (HEDA) Lanre Suraju, said: “This trial is a clear signal that it is no longer business as usual for oil companies in Nigeria. It’s time justice is served.”

Eni’s Chief Executive Officer, Claudio Descalzi; former CEO, Paolo Scaroni; and Chief Operations and Technology Officer, Roberto Casula, are also standing trial alongside four former Shell staff, including Malcolm Brinded, former Executive Director for Shell’s Upstream International Operations and two former MI6 agents employed by Shell.

Speaking on the latest development, the Chairman Human and Environmental Development Agenda, (HEDA) Lanre Suraju, said: “This trial is a clear signal that it is no longer business as usual for oil companies in Nigeria. It’s time justice is served.”

Casula, who will also stand trial in Milan over the OPL 245 case, took a leave of absence from the company in April. He had told Reuters that because of the recent allegations made against him, he had decided to take a temporary leave of absence from work.

For years, Shell had claimed that it only paid the Nigerian government for the OPL 245. But after the joint investigations of Global Witness and the United Kingdom investigative journalism group, Finance Uncovered, Shell confessed it had dealings with “convicted money launderer and former Minister of Petroleum Resources, Dan Etete.”

Global Witness claimed that Etete had awarded the OPL 245 oil block to his secretly owned company, Malabu, while serving as oil minister.

 

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