Report: Shell Knew About Billion-Dollar Corruption in Nigerian Oil Deal

Apr 11, 2017

A new investigation by Global Witness has revealed oil giant Shell knowingly participated in a massive bribery scheme that ended up robbing Nigerians of more than $1 billion. In 2011, Shell and Italian oil company Eni paid a combined $1.1 billion for access to a massive offshore oil block. Newly revealed internal emails show Shell executives knew the money would be stolen by Nigeria’s former oil minister, a convicted money launderer, who used the stolen money to bribe government officials and to buy a private jet, armored cars and firearms. Shell has long denied knowing anything about the corruption involved in the deal.

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