Shell, Eni To Face Trial over $1.1bn Malabu Bribe

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

(PHOTOS) Tinubu Returns to Abuja After Vacation in France

By Abiola Olawale President Bola Ahmed Tinubu returned to Abuja on Tuesday, September 16, 2025, after his annual working vacation in Europe. The Nigerian President's plane touched down at the Nnamdi Azikiwe International Airport around 8:30 pm Nigerian time. His return marked the end of a 10-day vacation in France. This was confirmed in a…

First Nigerian Gasoline Cargo Arrives in U.S.

The first cargo of Nigerian gasoline produced at the Dangote refinery has reportedly arrived at its destination in the United States. Reuters, citing unnamed sources in the know and ship-tracking data, said the gasoline cargo was arranged by Sunoco and commodity trader Vitol. VesselFinder reported that Gemini Pearl, a Panama-flagged oil product carrier, was currently…

(VIDEO) Massive Fire Engulfs UBA Branch on Lagos Island

By Abiola Olawale A fierce fire gutted the United Bank for Africa (UBA) branch on Lagos Island on Tuesday, September 16, 2025. The blaze, which was said to have originated in the building's basement, spread rapidly across multiple floors, filling the air with thick smoke and flames visible from afar. Videos circulating on social media…

Ad

Royal Dutch Shell Plc and Eni SpA senior executives will face trial for alleged  $1.1 billion bribery in Nigeria, an Italian judge ruled yesterday.

The trial will start on March 5 in Milan, Justice Giusy Barbara ruled.

The long-awaited decision, initially expected several months ago, will not only affect the two companies but 11 individuals, including Eni CEO Claudio Descalzi.

The case is related to the acquisition of a deepwater oil-prospecting licence by Eni and Shell in the Gulf of Guinea in 2011. Prosecutors allege that the two companies’ payment of almost $1.1 billion into a Nigerian government escrow account was later distributed as payoffs.

While energy producers have come under scrutiny for bribery and corruption in the past, a trial centered around the sitting CEO of an oil major is rare.

“This is really quite a big precedent-setting case,” said Barnaby Pace, a campaigner at watchdog Global Witness, which first shone a light on the alleged transactions. “It’s unusual to see oil majors at the sharp end of the stick in this way,” Pace said before the decision was announced.

Shell said that it is “disappointed” by the judge’s decision. “We believe the trial judges will conclude that there is no case against Shell or its former employees,” said Anna Haslam, a London-based spokeswoman.

The Anglo-Dutch company, whose former upstream director Malcolm Brinded is among those facing trial, acknowledged in April that it was aware of the destination of part of the payments, but denied wrongdoing.

Eni’s board released a statement expressing “full confidence in the correctness and integrity of both the company’s and chief executive’s actions,” and said it’s confident of Eni’s “non-involvement in the alleged illegal conducts.”

Brinded said on yesterday he’s “disappointed” by the decision and insisted “there is absolutely no basis for the charges against me.”

A final court ruling may take years, potentially bringing steep legal costs for the two companies. The average length of a civil trial in Italy was 460 days in 2016, according to the Ministry of Justice.

Shell and Eni are also facing criminal charges in Nigeria over the same deal. In Europe, Dutch investigators visited Shell’s offices in The Hague in 2016 as part of a probe into the same matter.

 

The Nation

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp