LONDON—Senior executives from oil giants Royal Dutch Shell and Eni are facing corruption charges in Milan over a $1.3 billion deal for a huge African oil field.
Italian prosecutors allege that $1.1 billion from the deal didn’t go to Nigeria, where the oil field OPL 245 is located, but to accounts belonging to former oil lawmaker Dan Etete. He is accused of subsequently distributing hundreds of millions of dollars to others as bribes, including to former Nigerian President Goodluck Jonathan.
