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FG accuses Shell of crude oil theft, demands $406 million


Tony at Vanguard News
The Nigerian government is demanding $406.75 million minimum from Shell Petroleum Development Company of Nigeria Limited and its surrogate Shell Western Supply & Trading Limited over alleged crude oil theft. The amount, according to court papers in Lagos, represents the shortfall of the money paid by the multinational oil firm in the account of the Nigerian government with Central Bank of Nigeria, for crude oil lifted in 2013 and 2014. The post FG accuses Shell of crude oil theft, demands $406 million appeared first on Vanguard News.

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