Shell was alert to bribery risks over Nigerian oil deal, Milan trial told in closing arguments

By Phoebe Seers ( January 21, 2021, 11:23 GMT | Insight) -- Oil majors Royal Dutch Shell and Eni reprised key defense arguments as the final set of hearings in their Italian bribery trial began yesterday, with Shell insisting that due process was followed in a 2011 deal to secure the license for a Nigerian oil field. The company had been on alert, its lawyer said, as the deal came just months after it had settled separate bribery allegations with US authorities. Eni's lawyer argued it should be protected as it made the deal with Nigeria in good faith. Oil majors Royal Dutch Shell and Eni reprised key defense arguments as the final set of hearings in their Italian bribery trial began yesterday, with Shell insisting that due process was followed in a 2011 deal to secure the license for a Nigerian oil field. ...

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Shell was alert to bribery risks over Nigerian oil deal, Milan trial told in closing arguments

Prepare for tomorrow’s regulatory change, today

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