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  • An Italian appeals court on Thursday overturned the jail sentences of a Nigerian man and an Italian in a corruption case involving oil giants Eni and Shell in Nigeria. Emeka Obi of Nigeria and Italian Gianluca Di Nardo were sentenced to four years in jail in 2018 but had not started to serve their time. The case against Italy's Eni and Anglo-Dutch giant Shell was quashed in March by a court in Milan. Prosecutors suspected the companies of using bribes to obtain rights in 2011 to an offshore oil block estimated to hold nine billion barrels of crude, for $1.3 billion. Of that amount, nearly $1.1 billion was believed to represent bribes paid to a London bank account that ended up going to various Nigerian politicians, including former oil minister Dan Etete. The Nigerian government received only $210 million. Obi and Di Nardo were accused of acting as middlemen in the case. The appeals court in Milan also lifted orders to seize $98.4 million from Obi and 21 million Swiss francs ($23 million) from Di Nardo. bh/gab/lth/tgb
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  • Italian court acquits two in Nigeria oil graft case
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