Legal fireworks between Shell Petroleum Development Company of Nigeria Ltd and Aiteo Eastern E & P Company Ltd over allegation of 16 million barrels of crude oil diversion begin A Nigerian Court has granted an interim mareva injunction directing 20 commercial banks to block the accounts of oil giant, Shell Petroleum Development Company of Nigeria Ltd, in a bid to recover the cash value of more than 16 million barrels of crude oil allegedly diverted from AITEO Eastern E & P Company Ltd. Justice Oluremi Oguntoyinbo of…
Read More$2.7bn Oil Theft: Court Blocks Shell’s Accounts as Feud with AITEO Worsens
