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The oil giants Eni and Shell are accused of knowing a deal for an oilfield would involve others paying bribes.
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Graham Watson
November 26, 2018 2:51 AM
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Scoop.it!
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The adverse effects of corruption are demonstrated in this article with oil giants, Eni and Shell, in the dock. They, of course, deny it.
However, the scale of the corruption is staggering: the article notes that "OPL 245 deal in 2011 deprived Nigeria of double its annual education and healthcare budget." That's quite some developmental impact.
This is one of the biggest ever corruption investigations, and some think it has wider implications for the sector as a whole.