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US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision - Politics - Nairaland

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US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by ganisucks(f): 6:46pm On May 09
Two members of the United States Congress are urging the Department of Justice to reopen an investigation into oil giants Shell and Eni over allegations of corruption surrounding a 2011 deal for lucrative Nigerian oil bloc Oil Prospecting License (OPL) 245.

Their call comes after Nigeria’s President Bola Tinubu controversially restored the oil block’s ownership to the European firms.

In a letter dated May 8, 2024 to Attorney General Merrick Garland, Representatives Maxine Waters and Joyce Beatty alleged that Shell and Eni violated the Foreign Corrupt Practices Act (FCPA) by paying over $1.1 billion in bribes to Nigerian officials, including former President Goodluck Jonathan, to secure the OPL 245 oil rights.

“Available evidence implicates both companies in a scheme that resulted in the payment of $1.1 billion in bribes to Nigerian government officials,” stated the lawmakers from the financial services and national security committees.

They emphasised that U.S. law prohibits American firms from bribing foreign officials to benefit their business interests.

Shell and Eni, being registered with the SEC, “continue to profit from the deal in violation of the FCPA,” they added.

“Eni’s legal challenge, filed at the International Centre for Settlement of Investor Disputes (ICSID) and based upon the corruptly acquired prospecting license and related Resolution Agreement, as well as the use of the original contract in arbitration proceedings, constitutes further violation of the FCPA.

“The ICSID proceedings are currently suspended until May 23, 2024, with the agreement of the parties, suggesting that a settlement is being negotiated. Allegations have been made in the Nigerian press of further corruption relating to a settlement,” the lawmakers said.

“Shell and Eni, both registered with the U.S. Securities and Exchange Commission (SEC), continue to profit from the deal in violation of the FCPA.

“The reopening of this case would further illustrate the U.S.’ commitment to ‘aggressively pursue foreign bribery cases,’ as stated in the U.S. Strategy on Countering Corruption and reaffirm its pledge to fully implement the OECD Anti-Bribery Convention.

“We urge you to leverage this potent anti-corruption law to address the issues in this case and to send a powerful message that the United States stands vigilant in its pursuit of corporate crime around the globe,” they added.

OPL 245 is perhaps the most talked-about asset in Nigeria’s oil industry. It covers 1958 square kilometers and holds over nine billion barrels of crude oil, equivalent to nearly one-quarter of Nigeria’s total proven reserves.

The deal popularly called the Malabu scandal involved the alleged transfer of about $1.1 billion by Shell and ENI through the Nigerian government to accounts controlled by a former Nigerian petroleum minister, Dan Etete.

From accounts controlled by Etete, it was alleged that about half the money ($520 million) went to accounts of companies controlled by Aliyu Abubakar, popularly known in Nigeria as the owner of AA oil.

Anti-corruption investigators and activists suspect he fronted for top officials of the Goodluck Jonathan administration as well as officials of Shell and ENI.

The transaction was authorised in 2011 by Jonathan through some of his cabinet ministers and the money was payment for OPL 245, one of Nigeria’s richest oil blocks.

The oil resources of the OPL 245 license have remained undeveloped since the controversies began.

https://businessday.ng/news/article/us-lawmakers-write-justice-department-to-re-investigate-nigerias-1-3-billion-oil-field-scandal/

2 Likes

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by ganisucks(f): 6:47pm On May 09
Kikiki... 😆😅🤣😂
Everyday embarrassment.

Imagine, US Congress is begging their attorney general to help us to stop corruption. Chai, what a life. 😀😃😄

8 Likes 1 Share

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by KillahPriest: 6:50pm On May 09
The intricacies of this matter just dey make me laught grin
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by RealLordZeus(m): 6:52pm On May 09
ganisucks:
Kikiki... 😆😅🤣😂
Everyday embarrassment.

Imagine, US Congress is begging their attorney general to help us to stop corruption. Chai, what a life.
I'm not sure you read the news
Gerhards:





He asked did you? grin
The moniker I quoted is a die hard PDP fan,
The said embarrassment happened during PDP era..

Back to the content of the news, if you follow the case, you will understand that settling the issue out of court is the best move.
The case has been under litigation for more than a decade making the Wells redundant and now that Nigeria needs funds more than ever, out of court settlement is still the best option

1 Like 1 Share

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by ganisucks(f): 6:53pm On May 09
RealLordZeus:

I'm not sure you read the news

Did you?

1 Like

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by nnachukz(m): 6:54pm On May 09
Once the envelope gets to Tinubu, anything you want can be granted. Corruption is his second name.

1 Like

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Gerhards: 6:55pm On May 09
RealLordZeus:

I'm not sure you read the news




He asked did you? grin
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by ivolt: 6:56pm On May 09
It doesn't matter whether the US opens investigation or not.
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Racoon(m): 7:00pm On May 09
This corruption is not going away so soon.
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by ganisucks(f): 7:00pm On May 09
Gerhards:





He asked did you? grin
Please don't blame him, the fault is mine. I failed to highlight the article for him. Now he can read it like he reads nursery rhymes.

1 Like

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Paraman: 7:00pm On May 09
Waste of time

Out of court settlement is the best for Nigeria
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by ganisucks(f): 7:04pm On May 09
RealLordZeus:


The moniker I quoted is a die hard PDP fan,
The said embarrassment happened during PDP era..

Read...

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Gerhards: 7:05pm On May 09
Paraman:
Waste of time




You have been all over the place this last few days, i think they have doubled your monthly stipend from 30k to 60k lol grin

2 Likes

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Paraman: 7:07pm On May 09
Gerhards:





You have been all over the place this last few days, i think they have doubled your monthly stipend from 30k to 60k lol grin
🥱
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Goodvibes007: 7:09pm On May 09
Two members of the United States Congress are urging the Department of Justice to reopen an investigation into oil giants Shell and Eni over allegations of corruption surrounding a 2011 deal for lucrative Nigerian oil bloc Oil Prospecting License (OPL) 245.

Their call comes after Nigeria’s President Bola Tinubu controversially restored the oil block’s ownership to the European firms.

In a letter dated May 8, 2024 to Attorney General Merrick Garland, Representatives Maxine Waters and Joyce Beatty alleged that Shell and Eni violated the Foreign Corrupt Practices Act (FCPA) by paying over $1.1 billion in bribes to Nigerian officials, including former PRESIDENT GOODLUCK JONATHAN, to secure the OPL 245 oil rights.

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by RealLordZeus(m): 7:12pm On May 09
ganisucks:


Read...
Pdp or Apc no dey pay me so I'm not interested in trading blames..
But the fact still stands,
The mess happened during Jonathan era

Tinubu engages in shortcut to clear the mess


The US Congress doesn't share Nigeria best interest , If they are after rule of law, they should prosecute shell and Co by themselves..

It doesn't make sense for you to put your business under litigation while your children are starving..

Also, out of court settlement is done everywhere a d not illegal
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Putindbutt: 7:19pm On May 09
Have they challenged Nentayahu to stop the war in Gaza?. Busy body people, Nigeria is a sovereign country, make dem park well.
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Shomek(m): 8:06pm On May 09
ganisucks:


https://businessday.ng/news/article/us-lawmakers-write-justice-department-to-re-investigate-nigerias-1-3-billion-oil-field-scandal/
This is nonsense
This people are foolish oo
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by opeyemi2012(m): 8:16pm On May 09
The amount of money Nigeria has lost to corruption angry cry


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We are offering a massive discount for POS operators cluster group of 40 persons and above.

Individual business name registration is N18,000 but if you come as a cluster group of 40 persons and above, we will be offering a discount of N2000 per business registration.

Having helped over 6000 people register their businesses, we have a proven track record of excellence.

Please call or whatsapp the number on my signature.
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by helinues: 8:17pm On May 09
For more jokes

Us go con tell us whether na same way we dey pokenose into their own affairs
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by GlorifiedTunde(m): 8:20pm On May 09
The "GEJ is not corrupt crew", where are you?
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by yommen: 8:22pm On May 09
ganisucks:
Kikiki... 😆😅🤣😂
Everyday embarrassment.

Imagine, US Congress is begging their attorney general to help us to stop corruption. Chai, what a life. 😀😃😄

Did you actually read the story? Quite shameful.
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by seunmsg(m): 8:28pm On May 09
Absolute nonsense. Mr. President should simply ignore this attempt by vested interest to disrupt Nigeria’s oil production. If the Congress members have any issues against Shell and Eni, they should take them to court. This case has been tried in Italy with Shell and Eni getting acquitted.


Enough of the legal cases surrounding OPL 245. The oil well is just there wasting away over unending legal battles when we need to seriously increase our oil production. Tinubu had done the right thing in the interest of Nigeria. It’s time to stop this nonsense and allow for oil production to resume from that oil well.

2 Likes

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by Yankee101: 8:34pm On May 09
Tinubu na crook

1 Like

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by rinzaugustine: 9:06pm On May 09
Tinubu company alpha beta was part of the criminal bribery allegations

1 Like

Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by BreconHills(m): 9:26pm On May 09
RealLordZeus:

Pdp or Apc no dey pay me so I'm not interested in trading blames..
But the fact still stands,
The mess happened during Jonathan era

Tinubu engages in shortcut to clear the mess


The US Congress doesn't share Nigeria best interest , If they are after rule of law, they should prosecute shell and Co by themselves..

It doesn't make sense for you to put your business under litigation while your children are starving..

Also, out of court settlement is done everywhere a d not illegal

The matter has been settled out of court and the settlement bars any lawsuit by Nigeria. So it's done. The US law makers can huff and puff, Nigeria is a sovereign nation. The contents of that oil well are coming into the market sooner rather than later
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by chynergy1(m): 9:57pm On May 09
bb
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by FreeStuffsNG: 10:01pm On May 09
ganisucks:




In a letter dated May 8, 2024 to Attorney General Merrick Garland, Representatives Maxine Waters and Joyce Beatty alleged that Shell and Eni violated the Foreign Corrupt Practices Act (FCPA) by paying over $1.1 billion in bribes to Nigerian officials, including former President Goodluck Jonathan, to secure the OPL 245 oil rights.

This is linked to ex President Goodluck Jonathan
Re: US Congress Writes Justice Department, Urges Them To Challenge Tinubu’s Decision by OgaTheTop2: 2:00am On May 10
Corruption don finish naija kpatakpata...

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