Italy: Italy prosecutors ask for JPMorgan documents to be admitted in Eni, Shell Nigeria case

Italian prosecutors asked a Milan court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition of an oilfield in Nigeria by Eni and Shell. The long-running graft case revolves around the purchase of the Nigerian OPL 245 offshore oil field in 2011 for about $1.3 billion.

Prosecutors allege that about $1.1 billion of that was siphoned off to politicians and middlemen. At a public hearing, prosecutors asked the court to accept two emails sent to Italy by UK authorities. The emails originate from a separate London court case launched by the Nigerian government against JPMorgan Chase, claiming over $1.7 billion for its role in the disputed oilfield deal.

The first is an email sent by former Nigerian Attorney General Mohammed Adoke Bello to JPMorgan from the email address of a company owned by Aliyu Abubakar – a Nigerian oilman whom prosecutors allege paid $500 million in cash as part of a bribe. In this email, seen by Reuters, Adoke sent the bank copies of the resolution agreement regarding the oilfield acquisition.

The original full article can be found at reuters.com

(Photo: Stefano Rellandini / Reuters File Photo)

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top