Shell corruption probe: New evidence on oil payments – BBC News

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The BBC has experienced proof that top executives at Shell knew money paid to the Nigerian authority for a immense lubricant study would be overstepped to a convicted money-launderer.

It also had reason to believe that fund would be used to pay government bribe.

The deal was finished while Shell was operating under a probation guild for a separate dishonesty bag in Nigeria.

Shell said it did not believe its employees behaved illegally.

OPL 245 is an oilfield off the coast of Nigeria whose thought nine billion barrels of lubricant are worth almost half a trillion dollars at today’s premiums. Shell has been active in Nigeria for practically 60 years and was keen to acquire the field.