Monday, March 11, 2013

The Archbishop and the oil sharks: A 'slick' young Justin Welby, the shady 'Monsieur Africa' and a £6billion mission to snap Nigeria's oil riches...

With a modesty befitting his holy office, the Archbishop of Canterbury has always played down his past life as a young oil company executive.

But a Mail on Sunday investigation has found that far from working on the margins of Elf Aquitaine, Justin Welby was one of its finance ‘sharks’ – and employed on a morally questionable plan to protect the firm’s oil interests in Nigeria in the early Eighties.

Named Bonny LNG, the plan involved persuading the country’s leaders that Elf and other major oil companies were poised to invest £6 billion in an energy project that had scant hope of being realised.

Throughout this period, the French state-owned company – which later became synonymous with corruption and scandal – was allegedly committing human rights abuses against the people of the oil-abundant Niger Delta. Full story...

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