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Home Headlines

‘Nigerian businessman Aliyu Abubakar withdrew $54,418,000 in cash after Shell/ Eni oil deal in 2011’ – Foreign journalist

by Naira
April 12, 2017
in Headlines

Foreign journalist Robbie Gramer, of US based magazine, Foreign Policy, has alleged that new facts from investigations into the
fraud surrounding the Shell/ENI deal that was sealed during the last administration in 2011, shows that a Nigerian businessman allegedly withdrew $54,418,000 in cash after the deal was sealed.

The deal has witnessed a prolonged court trial following allegations that Shell and ENI
connived with a former Minister of
Petroleum Resources, Dan Etete and other powerful government officials to defraud the Nigerian government of the $1.1 billion
paid for the acquisition of the Nigerian OPL 245 oil block.

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