Skip to content
November 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Corruption Scandal: Eni’s Group Audits in Nigeria May Prompt Management Reshuffle- source
  • Business & Economy

Corruption Scandal: Eni’s Group Audits in Nigeria May Prompt Management Reshuffle- source

Admin April 5, 2019

Shell and Eni logo

Italy’s Eni has carried out internal audits in a case revolving around its group in Nigeria over corruption scandal.

A source with knowledge of the matter told Reuters on Thursday in Milan the review could prompt some management changes at the oil major.

Eni and its Anglo-Dutch peer Royal Dutch Shell are on trial for allegedly paying $1.1 billion in bribes to buy Nigeria’s OPL 245 offshore oilfield in 2011, one of the oil industry’s biggest graft cases.

Both companies deny any wrongdoing.

Milan prosecutors have since opened a separate case involving allegations that certain Eni managers had made false statements to discredit witnesses involved in the main case.

The source said Eni had conducted at least two audits on this alleged plot and sought legal opinions from outside lawyers.

“The audits could lead to a reshuffle of management at the group,” the source said.

In comments sent to Reuters, Eni confirmed it had launched audits on internal company processes linked to the matter, adding they had been wrapped up and steps for improvement identified.

Eni also denies any wrongdoing in the case opened by Milan prosecutors on the alleged making of false statements.

“If there should be changes to the (management) structure these will be announced, as always, in the correct way,” it said.

The company said it was awaiting the outcome of judicial investigations before deciding whether to take further steps.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Abba Kabir-Yusuf of the Peoples Democratic Party (PDP) Anglo-Dutch Eni OPL

Post navigation

Previous Rwanda’s Genocide Survivor Works to Protect the Memories
Next Stop calling migration a ‘crisis’, it is inevitable, a positive phenomenon – Nobel laureate Ellen Sirleaf

Related Stories

Cameroon’s Sonara signs fuel supply deal with Nigeria’s Dangote
  • Business & Economy

Cameroon’s Sonara signs fuel supply deal with Nigeria’s Dangote

October 30, 2026
Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele
  • Business & Economy

Every borrowing is a debt, stop deceiving Nigerians – Atiku’s aide fires at Oyedele

October 30, 2026
We are borrowing to expand investment opportunities for future generations: Tinubu explains 
  • Business & Economy

We are borrowing to expand investment opportunities for future generations: Tinubu explains 

October 29, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Freedom of Religion under Threat: CAN Decries Imprisonment of Borno Christian Woman Christian Association of Nigeria
  • National News

Freedom of Religion under Threat: CAN Decries Imprisonment of Borno Christian Woman

October 31, 2026
NCDC Isolates Two Suspected Ebola Cases in North-East, Begins Contact Tracing federal capital territory
  • National News

NCDC Isolates Two Suspected Ebola Cases in North-East, Begins Contact Tracing

October 31, 2026
Navy intercepts 3 vessels in Delta, recovers 140,000 litres of petroleum Naval rating arrested
  • National News

Navy intercepts 3 vessels in Delta, recovers 140,000 litres of petroleum

October 30, 2026
Police detain suspected fake soldier in Bauchi Ekiti abductors
  • National News

Police detain suspected fake soldier in Bauchi

October 30, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.