Monday, March 5, 2018

Trial of Shell, Eni over Nigeria to switch to new Milan court -sources

Trial of Shell, Eni over Nigeria to switch to new Milan court -sourcesA trial in Italy of Royal Dutch Shell and Eni executives over alleged corruption in Nigeria, which had been due to start on March 5, will be transferred to another court in Milan, delaying the proceedings, legal sources said. Earlier this week, the Milan tribunal informed lawyers that the court which had been due to hear the trial had too many cases and could not guarantee that it would do so in a reasonable period of time, three sources told Reuters on Friday. The case involves the 2011 purchase by Eni and Shell of Nigeria's OPL-245 offshore oilfield - one of Africa's most valuable oil blocks - for about $1.3 billion.




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