Nigeria asks for $1.1 bln advance from Eni, Shell for damages in graft case

Published 09/09/2020, 11:25
Updated 09/09/2020, 11:30
© Reuters.

MILAN, Sept 8 (Reuters) - Nigeria asked a Milan court on
Wednesday to order Eni ENEI.MI and Royal Dutch Shell RDSa.L
to pay $1.092 billion as an immediate advance payment for
damages in one of the oil industry's biggest-ever corruption
scandals.
At a hearing into alleged corruption around the 2011
acquisition by Eni and Shell of the OPL 245 offshore field,
Lucio Lucia, lawyer for the Nigerian government, called for the
advance payment ahead of a broader damages package to be set by
the court at a later date.


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