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US lawmakers order investigation of Shell, Eni for allegedly bribing Nigeria’s ex-President Jonathan, others

US lawmakers order investigation of Shell, Eni for allegedly bribing Nigeria’s ex-President Jonathan, others...Continue The Full Reading.

The United States House of Representatives Committee on Financial Services has asked the Department of Justice, DOJ, to reopen the Foreign Corruption Practice Act into Shell and Eni’s 2011 purchase of the rights to Oil Prospecting Licence, OPL, 245, one of Nigeria’s most lucrative oilfields.

The lawmakers said evidence available implicated Shell and Eni for bribing some Nigerian government officials, including former President Goodluck Jonathan, to the tune of $1.1 billion.

“Available evidence implicates both companies in a scheme that resulted in the payment of $1.1billion in bribes to Nigerian government officials, including then President Goodluck Jonathan.

“Shell and Eni, both registered with the US Security and Exchange Commission, continue to profit from the deal in violation of FCPA.”...Continue The Full Reading.>’.

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