Court rejects Nigeria's compensation request against Eni, Shell

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An appeals court in Milan on Friday rejected Nigeria's $1.092 billion compensation request against Italian energy group Eni and Shell in civil proceedings relating to a $1.3 billion oilfield deal.

, prosecutors had dropped related criminal proceedings, clearing Eni and Shell, as well as managers including Eni Chief Executive Claudio Descalzi, in one of the oil industry's biggest alleged corruption cases."This follows the Milan criminal tribunal's finding that there was no case to answer for Shell or its former employees when they were fully acquitted in 2021, a decision that was upheld in July 2022, when criminal proceedings ended," it added.

Prosecutors alleged that just under $1.1 billion of the total amount was siphoned off to politicians and middlemen. A lawyer representing Nigeria in the proceedings added the country was still deciding whether to appeal the decision at Italy's top administrative court.Reporting by Alfredo Faieta and Francesca Landini, writing by Agnieszka Flak, editing Federico Maccioni and David Evans

 

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