Business / Politics

Malabu scandal: Italian court acquits Eni, Shell of corruption

By wazup on March 18, 2021 Comments Closed / 44 views

Malabu scandal: Italian court acquits Eni, Shell of corruption

Royal Dutch Shell — Getty Images

An Italian court has acquitted Shell and Eni of corruption charges in the $1.1 billion OPL 245 deal in Nigeria.

Marco Tremolada, the judge, delivered the decision on Wednesday.

Italian prosecutors had alleged corruption in the deal while campaigners said the Nigerian government was short-changed.

After years of trial, the court in Milan has now determined that Shell and Eni are not guilty of the the charges.

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