Eni/Shell: Italian Judge Orders Nigerian Businessman To Stand Trial In OPL 245 Case | Sahara Reporters

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Eni/Shell: Italian Judge Orders Nigerian Businessman To Stand Trial In OPL 245 Case | Sahara Reporters
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Eni/Shell: Italian Judge Orders Nigerian Businessman To Stand Trial In OPL 245 Case | Sahara Reporters Milan prosecutors alleged that Abubakar played a central role in one of the oil industry's biggest scandals in years, handing out more than... READ MORE:

An Italian judge has ordered a Nigerian businessman, Alhai Aliyu Abubakar, to stand trial for alleged international corruption relating to an oil graft case involving Eni and Shell, a judicial source and his lawyer said on Wednesday.

The Italian prosecutors alleged that Eni and Shell bought the oilfield in 2011 knowing that most of the purchase price would be siphoned off to middlemen and local politicians. The money is alleged to come out of the $1.3bn licence fee paid by Eni and Shell for access to the OPL-245 offshore oilfield located in Niger Delta.

Abubakar's Italian lawyer, Davide Pozzi, said his client, who lives in Nigeria, denies any wrongdoing in the case.Both firms and managers accused in the Milan court case including Eni's current chief executive, Claudio Descalzi, have denied any wrongdoing. Abubakar, an influential Nigerian businessman, was already under investigation but prosecutors were unable to locate him to serve the necessary deeds to put him on trial until he appeared in the case as a witness via a video linkup in February 2019.

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