Eni denies any wrongdoing in Nigeria


MILAN, April 10  – A spokesman for Italian oil major Eni reiterated on Monday that the group and its personnel had not been involved in any wrongdoing in Nigeria.

The comments followed a media report about alleged illicit payments in a case revolving around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell in 2011 for about $1.3 billion.

In emailed comments, an Eni spokesman said the allegations in the report were not supported by the facts, the underlying agreements or the independent investigations conducted to date.

“Neither Eni nor Shell paid any monies other than as contemplated and recorded by the Block Resolution Agreement and did not pay to Malabu, to Chief Dan Etete or to any public officer,” the spokesman said.


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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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