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Italian Court Acquits Shell, Eni Of Oil Fraud Charges In Nigeria

Chika Izuora by Chika Izuora
4 years ago
in Business, News
Court
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A Milan Appeal Court acknowledged on Tuesday the dropping of criminal proceedings in a Nigeria corruption case, finalising the acquittal of Eni and Shell , as well as managers including Eni CEO, Claudio Descalzi.

 

General prosecutor, Celestina Gravina, in an unprecedented move in a Milan court, had filed a waiver request at the start of the appeal trial earlier on Tuesday, saying, the case had no grounds.

 

The Tribunal Prosecutor’s Office, which is a separate body, and the Nigerian government had previously sought to appeal a March 2021 ruling acquitting the two companies and defendants.

 

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Now the appeal will only continue for the civil proceedings, as Nigeria has sued for compensation.

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Chika Izuora

Chika Izuora

Chika Izuora is a journalist with Leadership Media Group with over two decades of mainstream journalism experience. A Mass Communication graduate and alumnus of Pan Atlantic University (PAU), he has built outstanding expertise in the oil and gas industry alongside a versatile career as a journalist and author.

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