The director of Global Witness, Simon Taylor, said, “We now know beyond all possible doubt or denial that Shell and Eni knew exactly where their payment was going.
Nicholas Ibekwe: Dec 19, 2015
Despite repeated denial by oil giants, Shell and Eni, that they did not know that the $1.1 billion they paid for OPL 245 was meant to be diverted to Malabu Oil and Gas, leaked emails have revealed that both companies were culpable in the plan to transfer the money to the dubious firm.
Malabu Oil and Gas, a shady oil firm, was incorporated by former Petroleum Minister, Dan Etete, five days before the oil bloc was awarded to it by the military regime of Sani Abacha.