Four high-level executives of Royal Dutch Shell have been charged by an Italian court for their role in a bribery scheme involving a former Nigerian petroleum minister, Dan Etete, which reportedly deprived Nigeria of over $1 billion.
The court made the decision to someone the quartet after learning that Shell had prior knowledge that the deal involved a convicted money launderer.
Though shell admits to having knowledge of his background, the oil conglomerate denied its officials directly participated in any bribery scheme.
PREMIUM TIMES gathered that the senior officials of the firm would be arraigned alongside others that have been identified by Italian prosecutors as co-conspirators in the fraud.
“We’ve heard that the final preliminary hearing to rule on the prosecutor’s request for trial is at the end of this month so that’s the earliest we could have that decision,” Barnaby Pace of the UK-based Global Witness told PREMIUM TIMES Monday.