MALABU: Italian prosecutors drop $1.3 billion appeal against Eni, Shell
With the Appeal Court formally taking note of the decision Tuesday, the criminal case will be closed and the acquittal ...
ADVERTISEMENT
With the Appeal Court formally taking note of the decision Tuesday, the criminal case will be closed and the acquittal ...
The Malabu scandal involved the transfer of about $1.1 billion by Shell and ENI through the Nigerian government to accounts ...
Nigeria argued that alleged wrongdoers in the Malabu scandal were in control of Nigeria in 2012.
Nigeria wanted the April court date postponed until January 2021, when a connected criminal case in Milan will have concluded.
The trial resumes Wednesday October 24 in Milan.
Shell and Eni paid the money through the Nigerian government to controversial businessmen.
![Former Nigerian oil Minister Dan Etete, involved in the Malabu Scandal. [Photo credit: THE REPUBLICAN NEWS]](https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2017/12/Dan-Etete.jpg?fit=531%2C400&ssl=1)
Nigerian officials have repeatedly expressed mixed reactions on the OPL scandal.