Nicolas Torres June 1, 2015
An audit didn’t uncover any evidence that Italy’s Eni made illegal payments tied to the 2011 purchase of OPL 245 license in Nigeria.
The probe, conducted by a U.S. law firm on behalf of Eni, found no evidence of illegal conduct during Eni and Shell’s purchase of OPL 245 from the Nigerian government for $1.1 billion.
Last October, Italian prosecutors began investigating the purchase after alleging that as much as $533 million of the purchase amount was used to bribe local politicians, intermediaries and other people connected to the deal.
Eni CEO Claudio Descalzi is also under investigation.
The audit examined documents and information available to the company or otherwise received or acquired following the start of the investigation, Eni said.
Production at OPL 245 is projected to begin in 2016.
The field holds estimated reserves of about 9 billion barrels of crude oil.
Eni holds a 50 percent operating stake in the license and Shell holds the remaining 50 percent stake.
Shell is not under investigation.
Eni has denied any wrongdoing.
Neither company has disclosed if the investigation will impact the field’s startup plans.
The audit is independent of a pending preliminary investigation into the matter by Italian officials.
A final audit report was made available to the judiciary, with whom Eni is cooperating fully.
In September, Italy-based Bank Akros said in a note to clients that the probe could cost the Eni up to $646 million, or about one percent of its market capitalization.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
