All Nigeria articles
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News BriefInterpol to launch AML pilot program in Africa by 2025
The International Police Organization will launch a pilot anti-money laundering initiative in Africa that will trace and recover funds stolen by corrupt officials and criminals.
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News BriefSouth Africa, Nigeria added to FATF’s AML/CFT watchlist
The Financial Action Task Force placed Nigeria and South Africa on its list of countries requiring increased monitoring because of deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
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ArticleEx-Glencore oil trader pleads guilty for role in bribery scheme
A former oil trader for a subsidiary of Glencore entered a guilty plea for his role in bribing government officials in Nigeria in exchange for the award of oil cargoes and more favorable delivery terms.
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ArticleItalian court acquits Eni, Shell of corruption charges
An Italian court acquitted oil companies Royal Dutch Shell and Eni and a group of current and former executives of corruption charges surrounding a widespread bribery scheme to acquire oil exploration rights in Nigeria.
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ArticleSFO confiscates $7M from ex-Afren execs in fraud case
The U.K. Serious Fraud Office announced it has secured orders confiscating £5.45 million (U.S. $7 million) from two former executives of oil and gas exploration company Afren.
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Article
DOJ contests Eni’s statement concerning corruption case
Calling Eni’s statement “misleading,” the Department of Justice wants to make it clear its corruption inquiry into the Italian oil company was not closed for lack of evidence.
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Blog
Shell: Dutch prosecutors to bring criminal charges
Oil and gas company Royal Dutch Shell announced that Dutch prosecutors are preparing to levy criminal charges against it concerning a long-running corruption scandal in Nigeria.
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Blog
Bad days ahead for Shell and ENI?
The bribery allegations against Shell and Italian energy company ENI makes one wonder: If monies paid to a foreign government itself are now subject to scrutiny, could it open up an entirely different exposure to liability for international organizations?
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Blog
The (anti) corruption London bus tour
A London bus tour that features the proceeds of corruption, exploring properties alleged to have been purchased with monies purloined from the country of Nigeria by the country’s former oil minister, the disgraced and now arrested, Diezani Alison-Madueke.
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Blog
Shell executives charged in bribery scheme
The Milan Public Prosecutor’s Office has charged several senior Royal Dutch Shell executives in Italy for their role in a widespread bribery scheme to acquire oil exploration rights in Nigeria.
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Blog
SFO charges Afren executives with money laundering and fraud
The U.K. Serious Fraud Office said that it is conducting a criminal investigation into oil and gas exploration company, Afren, concerning secret agreements with their joint venture partners in Nigeria.
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Blog
Eni spills about its growing global bribery probe
A report filed this month by Italian oil giant Eni shows how corruption allegations against it now include Nigeria, Iraq, Kazakhstan, Algeria, and Congo. The number of enforcement authorities, employees, and subsidiaries involved is also spreading.
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Blog
DoJ seeks to recover $144M in Nigerian oil industry corruption case
The Department of Justice has filed a civil complaint seeking the forfeiture and recovery of approximately $144 million in assets obtained from corruption in the Nigerian oil industry.
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Blog
Transparency International: Nigeria must strengthen anti-corruption bodies
Global anti-corruption body Transparency International is pressing the Nigerian government to follow up on commitments made at the Anti-Corruption Summit in London on fighting corruption in the country and being more transparent about how it intends to use recovered stolen assets. Jaclyn Jaeger reports.