February 7th, 2019JPMorgan Chase has urged a London court to dismiss a lawsuit brought by the Nigerian government that argues the US bank facilitated the misappropriation of state funds amounting to $875m.
The lender said it received sufficient approvals from Nigerian authorities before proceeding with the transfer of funds from a government account it...
January 23rd, 2019Nigeria's government wants the country's top judge to be suspended pending the outcome of his fiercely-disputed trial on corruption charges, a court was told on Tuesday.
Chief Justice Walter Onnoghen went on trial last week at the Code of Conduct Tribunal where he is facing six charges relating to the non-declaration of foreign...
December 7th, 2018Royal Dutch Shell has concluded that a Nigerian oilfield sale where it suspects an executive took bribes was not linked to a separate court case in which he and Shell face corruption charges over a $1.1 billion offshore acquisition.
The Anglo-Dutch company filed a criminal complaint in March against Peter Robinson, a former vice...
November 26th, 2018A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria losing an estimated $6bn.
The campaign group Global Witness has calculated the OPL 245 deal in 2011 deprived Nigeria of double its annual education and healthcare budget.
Eni and Shell are accused of knowing...
October 23rd, 2018A leading opposition politician and critic of Nigeria's President Muhammadu Buhari appeared in court on Monday on corruption charges, less than a week after he stepped down as state governor.
Peter Ayodele Fayose pleaded not guilty to 11 counts of criminal breach of trust and theft totalling nearly $18 million (15.5 million...
October 12th, 2018Royal Dutch Shell expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters.
Shell’s Legal Director Donny Ching encouraged employees to study an internal web page that the Anglo-Dutch...
September 21st, 2018Police in Nigeria recovered $470.5 million in bank accounts related to the state oil company as part of an exercise to recover stolen funds, and the money will be sent to government coffers, the country’s police force said on Thursday.
President Muhammadu Buhari, who won the 2015 election on an anti-corruption ticket, ordered...
June 14th, 2018A Nigerian court on Tuesday sentenced a serving senator, Joshua Dariye, to 14 years over corruption charges.
Dariye, a former governor of the North-central Plateau State, was charged for allegedly diverting about 1.2 billion naira (about 3.3 million U.S. dollars) while in office as governor.
Two weeks ago, the same high court in...
May 28th, 2018Anti-corruption group Transparency International said on Monday Nigeria’s government has in the run-up to elections expanded the use of opaque $670 million-a-year funds that fuel graft.
The funds, known as “security votes”, are a relic of military rule, mainly disbursed in hard cash and nominally released for dealing with...
March 29th, 2018Royal Dutch Shell has filed a criminal complaint against a former senior employee over suspected bribes in the $390 million sale of an oilfield in Nigeria, where the company is already under investigation over a separate deal.
Dutch prosecutors confirmed they had received the complaint against Peter Robinson, a former vice president...
