UPDATE 1-Italy prosecutors seek jail for Eni, Shell executives in Nigeria case

(Adds background, details statement from Eni, Shell)
MILAN, July 21 (Reuters) - Italian prosecutors have asked
for oil majors Eni ENI.MI and Shell RDSa.L to be fined and
some of their present and former executives, including Eni CEO
Claudio Descalzi, to be jailed in a long-running trial over
alleged corruption in Nigeria.
In one of the oil industry's biggest alleged scandals,
Italian prosecutors allege Eni and Shell acquired a Nigerian
oilfield in 2011, knowing most of the $1.3 billion purchase
price would go to politicians and middlemen in bribes.
In a Milan court, prosecutors asked on Tuesday for eight
years in prison for Descalzi and seven years and four months for
Shell's former head of upstream Malcolm Brinded.
The prosecutors also asked for Eni and Shell to be fined
900,000 euros ($1.04 million) each and sought to confiscate a
total of $1.092 billion from all the defendants in the case, the
equivalent of the bribes alleged to have been paid.
All the defendants have denied any wrongdoing, saying the
purchase price was paid into an official Nigerian government
account with all subsequent transfers being beyond their
control.
Eni said the prosecutors' request was unfounded and it would
show the company and managers had acted completely correctly.
"Eni is confident that the truth will ultimately be established"
when the defence presents its arguments in September, it said in
a statement.
Shell issued a statement saying it did not believe there was
a basis to convict the company or any of its former employees.
"There is no place for bribery or corruption in our company,"
Shell's statement said.
Shell has said the 2011 agreement was a settlement of
long-standing litigation, following the previous allocation of
the block by the Nigerian government to Shell and Malabu, a
company owned by former Nigerian oil minister Dan Etete.
Another 11 people are involved in the case, including former
Eni Chief Executive Paolo Scaroni, for whom prosecutors also
sought an eight year sentence.
There has been no timetable for final decision in the case
but the next hearings are due in September.

($1 = 0.8684 euros)