Dan Etete

By TAYO ELEGBEDE After two years and more than 40 hearing proceedings of the popular Malabu scandal, Eni has gathered fresh hopes that the truth can finally be re-established following the defensive arguments that will be presented at…

Lawyers representing former Nigerian oil minister Dan Etete told Reuters on Friday it was “incredible” that a court had issued a warrant for his arrest in relation to a $1.3 billion oil deal scandal nine years after it was struck.…

Banking giant, JP Morgan, on Wednesday told an appeal court that it acted in line with its legal mandate when it allowed the transfer of $875million from an account held by Nigeria to a shell company run by a former Nigerian oil minister, …

The trial of officials of oil giants Eni and Shell over the controversial Malabu scandal will resume Wednesday at the Milan Palace of Justice in Italy. The Milan court’s decision came after Simon Taylor, a founding director of…

An Italian court in Milan  on Monday postponed till May 14 the start of a trial of executives of Royal Dutch Shell, ENI and former Nigerian oil minister, Dan Etete,  over alleged bribery in connection with the sale of an block owned by…