The companies are accused of a paying a Nigerian politician $801 million for a block that he was awarded for a token sum: DAVID BEBBER/THE TIMES
Emily Gosden, Energy Editor: March 4, 2017
Royal Dutch Shell and Eni have been charged with corruption over their $1.3 billion acquisition of a huge oil exploration block off the coast of Nigeria.
Prosecutors in the west African country allege that the companies corruptly gave $801 million to individuals including Dan Etete, a former Nigerian energy minister, and Malabu, a company linked to Mr Etete, to which he had awarded the block for a token sum while he was minister.