Shell accuses former executive of hiding bribes in Switzerland

Shell accuses former executive of hiding bribes in Switzerland

Royal Dutch Shell has filed a criminal complaint against a former employee it suspects of stashing kickbacks from the sale of a Nigerian oil field in Swiss bank accounts.  The energy company is already being investigated over another deal there.  + Read why the Swiss attorney general blocked three bank accounts earlier this month  In this new case, opened with the Dutch authorities and announced on Wednesday, Shell points the finger at its former head of commercial operations in sub-Saharan Africa.  “We suspect a crime may have been committed by our former employee, Peter Robinson, against Shell in relation to the sale process for Oil Mining Lease (OML) 42 in Nigeria in 2011,â€� said the Anglo-Dutch group in a statement. “We were stunned and disappointed when we learned about this issue.â€�  According to Reuters, Nigerian company Neconde Energy Ltd bought OML 42 for $390 million (CHF373 million). Neconde has denied the allegations of bribing Robinson to secure the purchase.  In …



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