Italian prosecutors seek a ten-year jail term for Dan Etete, Nigeria’s former Petroleum Minister over an allegedly corrupt Nigerian oil block deal. Our correspondent S’Teller gathered that the prosecutors requested this in their closing arguments in Milan. The case has been described as one of the most prominent corruption cases in the oil industry’s history. The prosecutors also requested for an eight-year prison term for the Chief Executive of Eni, Claudio Descalzi, and Paolo Scaroni, his predecessor. It was alleged that nearly all of the $1.3bn that Shell and Eni…
Read MoreMalibu Scandal: Prosecutors Want 10-Year Jail Term For Nigeria’s Former Minister Of Petroleum, Dan Etete & Among Other Executives
