Shell faces corruption probe over $1bn oil deal in Nigeria

Italian officials to investigate company’s role in acquisition of disputed oil block jointly owned with energy group Eni

Italian anti-corruption investigators have opened a formal investigation into Shell’s acquisition of a stake in a $1.09bn (£755m) oil block in Nigeria.

Shell co-owns the offshore oil block with the Italian energy group Eni.

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from Sustainable development | The Guardian
via http://www.theguardian.com/global-development/2016/mar/30/shell-faces-corruption-probe-over-1bn-oil-deal-in-nigeria

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