Nigeria asked a Milan court to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate advance payment for damages it is claiming in one of the oil industry’s biggest-ever corruption trials.
The long-running case revolves around the purchase of the OPL 245 offshore field, some 150 km off the Niger Delta, for about $1.3bn from Malabu, a company owned by former Nigerian oil minister Dan Etete.
Source : Reuters Africa
