Shell-Nigeria deal in controversy as investigation finds offences

Shell-Nigeria deal in controversy as investigation finds offences
  • Country:
  • Netherlands
  • Nigeria

Dutch prosecutors said on Friday they had uncovered "prosecutable offences" during their ongoing investigation into Royal Dutch Shell's $1.3 billion acquisition of Nigerian offshore oilfield OPL 245 in 2011. "Based on the preliminary criminal investigation, public prosecutors concluded that there are prosecutable offences," a spokeswoman said in a statement. "We cannot provide any additional comment." Shell has denied any wrongdoing relating to the deal, which is the subject of a separate court case in Milan.

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