The Italian newspaper Corriere della Sera reported that the Dutch Financial Intelligence and Investigation Service (FIOD) and the Dutch public prosecutor had raided the multinational’s office in the Hague.
News and information on Shell PLC
The Italian newspaper Corriere della Sera reported that the Dutch Financial Intelligence and Investigation Service (FIOD) and the Dutch public prosecutor had raided the multinational’s office in the Hague.
The international oil company said on Wednesday it was co-operating with officials from both the Netherlands and Italy as they investigate the $1.1bn deal, which Shell signed five years ago alongside Eni, the Italian oil company.
Shell also confirmed it had been placed under investigation by prosecutors in Milan…
PREMIUM TIMES had reported how Shell and Italian oil giant, Eni, agreed to secretly pay $1.3 billion to Malabu through the Nigerian government in 2011.
The money was meant for OPL 245, one of the largest oil blocs in Africa which was awarded to Malabu in 1998 when Dan Etete was the petroleum minister under the late dictator, Sani Abacha.
After Shell and Eni paid the money into Nigeria’s accounts in JP Morgan bank, London, the federal government transferred $801 million of the money into Malabu accounts controlled by Mr. Etete in Nigeria. read more
“We can confirm that representatives of the Dutch Financial Intelligence and Investigation Service (FIOD) and the Dutch Public Prosecutor recently visited Shell at its headquarters in The Hague,” a spokesman said.
“The visit was related to OPL 245, an offshore block in Nigeria that was the subject of a series of long-standing disputes with the Federal Government of Nigeria. Shell is cooperating with the authorities and is looking into the allegations, which it takes seriously.” read more
The Anglo-Dutch oil company said the recent visit by the Dutch Financial Intelligence and Investigation Service and the Dutch Public Prosecutor to the company’s headquarters in The Hague was about a Nigerian oil block that has been the subject of an Italian criminal investigation.
“Representatives of the Dutch Financial Intelligence and Investigation Service and the Dutch Public Prosecutor recently visited Shell at its headquarters, ” a spokesman said.
“The visit was related to OPL 245, an offshore block in Nigeria that was the subject of a series of long-standing disputes with the Federal Government of Nigeria.”
Shell is cooperating with the authorities and is looking into the allegations, the spokesman said.
(Reporting by Ron Bousso. Editing by Jane Merriman) read more
Milan prosecutors opened a corruption probe into Eni in 2014 in a case relating to a $1.3 billion acquisition of Nigeria’s OPL-245 offshore oil block in 2011 by the Italian company and Shell.
They later placed under investigation Eni’s Chief Executive Claudio Descalzi and another top manager at the company. The probe has now been widened to Shell, the source said, confirming a report in Corriere della Sera daily on Wednesday.
Shell declined to comment. Eni has denied any wrongdoing in the case. read more
This is not a Shell website. That fact should be abundantly plain from the overall content of this home page and our sister Shell-focussed websites, including shellnazihistory.com. Click on the Disclaimer link at top of this page for more information. You Can Be Sure Shell does not endorse or approve of this website. There are no subscription charges nor do we solicit or accept donations. It is an entirely free to use website drawing attention to the negative side of Shell while also publishing positive news about the company. The Shell logo image with the white text used on this website, as per the above example, is in the public domain because its copyright has expired and its author is anonymous. It can be found on WIKIMEDIA COMMONS. Our shellenergy.website publishes Shell Energy customer complaints posted on Trustpilot where there is an ample supply. Use this link for Shell’s own website.
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA – HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission website etc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 100 books also containing references to our websites and/or our activities.
John Donovan, the website owner
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
MARKETWATCH.COM ARTICLE: Shell’s Voser regrets U.S. shale bet, Arctic fail: 13 March 2013
FINANCIAL TIMES ARTICLE: Shell takes impairment on North America as profit slides: 1 October 2013
FINANCIAL TIMES ARTICLE: Peter Voser says he regrets Shell’s huge bet on US shale: 6 October 2013
ZEROHEDGE.COM: About That Shale Oil & Gas Miracle: 7 October 2013
POWERSOURCE/POST-GAZETTE ARTICLE: Shell to restructure shale assets in U.S.: 13 March 2014
Shell cuts spending and jobs at US shale gas arm: 13 March 2014
OILPRICE.COM ARTICLE: Shell's American Woes Highlight Difficulty of Cracking Shale: 13 March 2014
JEREMYLEGGETT.NET ARTICLE: Shale fracking is a ‘ponzi scheme’, ‘….equivalent of the dot.com crash’: 19 September 2014
SEEKINGALPHA.COM ARTICLE: Chevron A Safer Bet Than Shell: 13 April 2015
© 2024 Royal Dutch Shell Group .com | Powered by WordPress
A WordPress theme by Ravi Varma