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How Italy’s bribery prosecution of Shell and Eni collapsed; and prosecuting crypto insider trading
05 August 2022 00:00
The prosecution in Italy of oil and gas giants Shell and Eni over allegations of bribery in a $1.3 billion Nigerian oil-license deal had all the makings of a Hollywood blockbuster: oil executives, Nigerian politicians, middlemen and a former justice minister. But the movie never made it to our screens, with the prosecutor assigned to handle the appeal pulling the plug on the case. Now, anti-bribery campaigners are saying that the dramatic collapse of the prosecution has undermined Italy’s international anti-bribery obligations. Also on today’s podcast: The FBI recently brought the first insider trading cases ever for crypto trades and NFT, or non fungible tokens. Where are prosecutors heading?
29 July 2022 10:04 by Phoebe SeersThe prosecution of Shell and Eni in Italy over allegations of bribery over a $1.3 billion Nigerian oil license deal
21 July 2022 21:31 by Neil RolandFBI shows it can trace digital currency on blockchain, debunking myth that criminals can hide cryptocurrency assets
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Phoebe Seers Correspondent
Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.
Laurel Henning Senior Correspondent
Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and... Read more
Neil Roland Senior Correspondent
Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in... Read more