US Lawmakers Demand Reopening of Corruption Probe into Shell and Eni’s Nigerian Oil Deal Goodluck Jonathan

US Lawmakers Demand Reopening of Corruption Probe into Shell and Eni’s Nigerian Oil Deal

The United States House of Representatives Committee on Financial Services has called on the Department of Justice to reopen an investigation 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 are alleging that the two companies bribed Nigerian government officials, including former President Goodluck Jonathan, to the tune of US$1.1 billion.

According to the lawmakers, “available evidence implicates both companies in a scheme that resulted in the payment of US$1.1 billion in bribes to Nigerian government officials, including then President Goodluck Jonathan.” They further stated that Shell and Eni, both registered with the US Security and Exchange Commission, continue to profit from the deal in violation of the Foreign Corrupt Practices Act (FCPA).

The lawmakers are seeking justice to be served in this case, and for the Department of Justice to hold Shell and Eni accountable for their alleged corrupt practices.

The reopening of the investigation is expected to shed more light on the deal and bring those involved in the corruption to book.

Source: Apexnewsgh.com

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