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Thursday 24 June 2021

Malabu Oil $1.3 bln Scandal: Italian court acquits two, unfreezes $98.4 mln assets

Malabu Oil $1.3 bln Scandal: Italian court acquits two, unfreezes $98.4 mln assets: The prosecution itself had asked for the sentences to be overturned after a court in March acquitted the two energy groups in a long-running case revolving around the acquisition of a Nigerian oilfield for about $1.3 billion.

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