{"id":2352,"date":"2017-12-20T19:46:09","date_gmt":"2017-12-20T20:46:09","guid":{"rendered":"http:\/\/madaresharghi.com\/eni-shell-facing-trial-over-nigeria-bribery-scandal\/"},"modified":"2017-12-20T19:46:09","modified_gmt":"2017-12-20T20:46:09","slug":"eni-shell-facing-trial-over-nigeria-bribery-scandal","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/eni-shell-facing-trial-over-nigeria-bribery-scandal\/","title":{"rendered":"Eni, Shell Facing Trial Over Nigeria Bribery Scandal"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tEni SpA and Royal Dutch Shell Plc and senior executives will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday.<br \/> \t&#8220;The trial will start on March 5 in Milan,&#8221;\u00a0judge Giusy Barbara told reporters, Bloomberg reported.<br \/> \tThe long-awaited decision, initially expected several months ago, will not only affect the two companies but 11 individuals, including Eni Chief Executive Officer Claudio Descalzi.<br \/> \tThe case is related to\u00a0the acquisition of a deepwater oil-prospecting license by Eni and Shell in the\u00a0Gulf of Guinea in 2011. Prosecutors allege that the two companies\u2019 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.<br \/> \t\u201cThis is really quite a big precedent-setting case,\u201d said Barnaby Pace, a campaigner at watchdog Global Witness, which first shone a light on the alleged transactions. \u201cIt is unusual to see oil majors at the sharp end of the stick in this way,\u201d Pace said by telephone before the decision was announced.<br \/> \tEni\u2019s board released a statement expressing full confidence in the correctness and integrity of both the company\u2019s and chief executive\u2019s actions, and said it is confident of Eni\u2019s \u201cnon-involvement in the alleged illegal conducts\u201d.<br \/> \tShell said in a statement that it\u2019s disappointed by the judge\u2019s decision.\u00a0 \u201cWe believe the trial judges will conclude that there is no case against Shell or its former employees,\u201d said Anna Haslam, a London-based spokeswoman.<br \/> \tThe Anglo-Dutch company, whose\u00a0former 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. Marco Calleri, a lawyer for Brinded, declined to comment on Wednesday.\u00a0 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 its Ministry of Justice. Eni and Shell are also facing criminal charges in Nigeria over the same deal. In Europe, Dutch investigators visited Shell\u2019s offices in The Hague, the Netherlands, in 2016 as part of a probe into the same matter.<\/p>\n<p> \t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi Eni SpA and Royal Dutch Shell Plc and senior executives will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday. &#8220;The trial will start on March 5 in Milan,&#8221;\u00a0judge Giusy Barbara told reporters, Bloomberg reported. The long-awaited decision, initially expected several months ago, will not only affect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[296,118,28,31,159,639,178,56,213,84,95,82,68,22,23,27],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Eni, Shell Facing Trial Over Nigeria Bribery Scandal - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/eni-shell-facing-trial-over-nigeria-bribery-scandal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eni, Shell Facing Trial Over Nigeria Bribery Scandal - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi Eni SpA and Royal Dutch Shell Plc and senior executives will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday. &#8220;The trial will start on March 5 in Milan,&#8221;\u00a0judge Giusy Barbara told reporters, Bloomberg reported. 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