Foreign journalist Robbie Gramer, of US based magazine, Foreign Policy, has alleged that new facts from investigations into the
fraud surrounding the Shell/ENI deal that was sealed during the last administration in 2011, shows that a Nigerian businessman allegedly withdrew $54,418,000 in cash after the deal was sealed.
The deal has witnessed a prolonged court trial following allegations that Shell and ENI
connived with a former Minister of
Petroleum Resources, Dan Etete and other powerful government officials to defraud the Nigerian government of the $1.1 billion
paid for the acquisition of the Nigerian OPL 245 oil block.
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