Analysis: Will Nigeria yield in oil deal wrestling bout with Shell and Eni?
By Lionel Faull High profile courtroom dramas involving multiple sides often have the feel of …
Tag: shell
The Evidence: Classified files shed light on JP Morgan role in ‘corrupt’ oil deal payout
by Margot Gibbs and Lionel Faull Classified documents from Britain’s financial crime agency have revealed …
Nigeria silent over secret asset recovery deal that could see ‘stolen’ oil treasure paid to US firm
By Lionel Faull & Oladeinde Olawoyin A consortium of anti-corruption groups who have spent years …
Revealed: The Lagos law firm and US funder hoping to land a fortune recovering Nigeria’s ‘looted’ oil assets
By Lionel Faull & Oladeinde Olawoyin (This story was first published by the Premium Times …
OPL 245 oil deal: Vince Cable says Home Office must explain why its anti-corruption arm agreed JP Morgan’s $875m payments to money launderer
Lib Dem leader and former Business Secretary Sir Vince Cable has called on the Home …
Malabu OPL245 Scandal: Nigeria sues JP Morgan for $875m over ‘grossly negligent’ payments to money launderer
US banking giant JP Morgan is being sued by the Federal Republic of Nigeria for $875m in the London courts over its alleged failure to block payments made from a massive oil deal that is subject to a string of international corruption investigations.
The Nigerian state quietly issued a civil claim in the High Court in late November, arguing JP Morgan had been “grossly negligent” when it was banker to a previous government.