In 2011, Shell and Eni paid $1.3 billion for OPL 245 – one of Nigeria’s most valuable offshore oil blocks. Within months, over $1 billion had allegedly disappeared into shell companies and secret accounts.
What happens when two of the world’s biggest oil companies pay billions for a Nigerian oil block… and the money seemingly vanishes?
This is the story of OPL 245 – the “billion-dollar deal” that allegedly became one of the biggest corporate corruption scandals in history.
In this Cryptic File, we investigate:
• How former Petroleum Minister Dan Etete allegedly awarded OPL 245 to a company he secretly controlled
• Why Shell and Eni agreed to a $1.3 billion deal – and how $1.1 billion was routed to Malabu Oil & Gas
• The international money trail through London, Switzerland, and Monaco
• Leaked emails where Shell executives allegedly called Etete “a convicted money launderer”… and still moved forward
• The Milan mega-trial that ended with Shell, Eni, and their former executives all acquitted
• And the question that never goes away: if nobody is guilty… where did the money go?
This is Part 2 of the Nigeria Files. For the full picture of how Nigeria’s oil industry became a crime scene, start here:
📁 Nigeria Files playlist:
Watch the full Nigeria Files arc
🔗 Previous: File 051 – Diezani Alison-Madueke: Nigeria’s “Oil Queen”
Watch File 051 here
🔗 Next: Files 053–055 – OPL 245 Shorts:
• The Minister Who Sold Himself an Oil Block
• Where $1.1 Billion Vanished
• The Trial That Cleared Everyone
If you’re new to the channel, Cryptic True Crime uncovers the stories where power, money, and silence collide. Subscribe if you want more deep-dive investigations into corruption, cover-ups, and cases that were never meant to see the light.
Disclaimer:
This video contains dramatized and AI-generated content created solely for educational, entertainment, and storytelling purposes.
While inspired by real-world themes and investigative scenarios, all characters, dialogues, and situations depicted herein are fictional unless explicitly stated otherwise.
Any resemblance to actual persons, living or to real events, is purely coincidental.
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This video may include mature themes, psychological tension, or depictions of crime — viewer discretion is advised.
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By viewing, you acknowledge that this presentation is a work of creative fiction and speculative storytelling, designed to provoke thought — not to assert fact.
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