Malabu Scandal: Nigeria Grounds Dan Etete’s $57 Million Jet In Canada

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Nigeria loses bid for OPL 245 damages from Shell, Eni

An appeals court in Milan has rejected Nigeria’s claims against Eni and Shell for damages stemming from the companies’ allegedly improper acquisition of the deepwater OPL 245 block. Had the $1.092 billion claim been successful, US funder Drumcliffe Partners could have received more than $350 million.

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