By Nwafor Sunday
Christopher Butcher, a UK Excessive Court docket Decide has dismissed Nigeria’s $1b go well with in opposition to Shell and Eni, noting that the court docket doesn’t have jurisdiction to listen to the declare.
Disclosing this on Friday, Barnaby Tempo, a journalist and oil campaigner who monitored the sitting, in line with TheCable, stated Nigeria was additionally denied permission to enchantment in opposition to the judgment
In his written determination, the choose stated the English case has each the identical important details and events as a parallel continuing in Italy additionally introduced by the Nigerian authorities over the Malabu deal.
Recall that Shell and Eni had search to cease Nigeria in $1 billion UK lawsuit.The 2 oil giants have requested court docket to say no jurisdiction underneath article 29 of the recast Brussels Regulation, because the Italian case in opposition to the businesses continues to be ongoing.
In regards to the Malabu scandal
The Malabu scandal concerned the switch of about $1.1 billion by Shell and ENI by way of the Nigerian authorities to accounts managed by a former Nigerian petroleum minister, Dan Etete.
From accounts managed by Mr Etete, about half the cash ($520 million) went to accounts of firms managed by Aliyu, popularly recognized in Nigeria because the proprietor of AA oil.
Anti-corruption investigators and activists suspect he fronted for prime officers of the Jonathan administration as nicely of officers of Shell and ENI.
The transaction was authorised in 2011 by Mr Jonathan by way of a few of his cupboard ministers and the cash was cost for OPL 245, considered one of Nigeria’s richest oil blocks.
Though Shell and ENI initially claimed they didn’t know the cash would find yourself with Mr Etete and his cronies, proof has proven that declare to be false.
Shell, Eni, Mr Etete, Mr Aliyu and several other officers of the oil companies are being prosecuted in Italy for his or her roles within the scandal.
— to www.vanguardngr.com