Nigeria Sues Shell Companies For $407m For Oil Export Fraud | Sahara Reporters

Nigeria Sues Shell Companies For $407m For Oil Export Fraud | Sahara Reporters: The federal government of Nigeria has sued Shell Petroleum Development Company of Nigeria Limited and its allied Shell Western Supply & Trading Limited for nearly $407 million as part of its battle to recover all monies siphoned through undeclared/under-declared lifting of the nation’s crude oil. The government says $406,751,070 is the total sum of the missing revenues from the shortfall/undeclared/under-declared crude oil shipments of the government, including interest on the money.