Dan “Etetegate”?: British Police Probe $1.3Billion Shell, Eni Nigerian

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The British police are probing an allegation that the $1.3 billion Nigerian oil block deal involving Royal Dutch Shell and Italy’s Eni SpA may have fuelled money laundering as most of the cash paid was allegedly paid to a company linked with a former Minister of Petroleum, Chief Dan Etete.

Global anti-corruption crusaders, who asked the British investigators to investigate the Oil Prospecting Licence (OPL) 245 deal, alleged that Shell and Eni used the federal government as a go-between to create the false impression that they were dealing with the government and not the former minister.

British Police Probe $1.3bn Shell, Eni Nigerian Oil Block Deal