US lawmakers call for reopening of investigation into Shell, Eni’s deal under Jonathan

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The United States House of Representatives Committee on Financial Services has urged the Department of Justice to reopen an investigation into Shell and Eni’s acquisition of Oil Prospecting Licence (OPL) 245 in Nigeria in 2011.

Lawmakers claim evidence suggests that both companies paid $1.1 billion in bribes to Nigerian officials, including former President Goodluck Jonathan.

They said evidence available implicated Shell and Eni for bribing some Nigerian government officials, including former President Goodluck Jonathan, to the tune of $1.1 billion.

“Available evidence implicates both companies in a scheme that resulted in the payment of $1.1 billion in bribes to Nigerian government officials, including then President Goodluck Jonathan.”

“Shell and Eni, both registered with the US Security and Exchange Commission, continue to profit from the deal in violation of FCPA”, they stated.

Source: Allnews.ng

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