italy probes eni for corruption in iraq kuwait
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Italy probes ENI for corruption in Iraq, Kuwait

Egypt Today, egypt today

Egypt Today, egypt today Italy probes ENI for corruption in Iraq, Kuwait

Milan - AFP

An Italian prosecutor is investigating the country's largest energy group ENI and two of its executives over suspected corruption related to projects in Iraq and Kuwait, the company said Wednesday. The Milan prosecutor's office is probing whether the executives took kickbacks from Italian engineering and construction firms in exchange for subcontracts to drill for oil in Iraq's Zubair and Kuwait's Jurassic fields. Prosecutors are investigating for "international corruption" both the company, the two executives and three people who acted as intermediaries. "ENI and (its subsidiary) Saipem have taken immediate disciplinary and precautionary action against the individuals involved," ENI said in a statement, adding that the two companies were also "offended parties." "ENI and Saipem also intend to carry out all actions to safeguard their own interests and reputation, with particular attention to actions against all individuals and corporate bodies which will result involved," ENI said. A source close to the investigation said the inquiry was also looking into the Italian firms Bonatti, Ansaldo, Renco, Elettra Energia and Elettra Progetti over suspected bribes or promises of kickbacks. ENI has since 2009 headed a consortium drilling in Iraq's Zubair field while Saipem last year was awarded a contract to engineer and construct oil and gas treatment facilities in Kuwait. Saipem and five of its management have been on trial in Milan since April related to alleged kickbacks they gave in 1995-2004 to obtain contracts in Nigeria, where they were part of an international consortium including the US giant Kellogg Brown & Root (KBR). ENI and its subsidiary were fined $365 million last year by US authorities.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy probes eni for corruption in iraq kuwait italy probes eni for corruption in iraq kuwait



GMT 12:12 2017 Tuesday ,07 February

BMW to showcase latest models at Geneva show

GMT 09:37 2017 Tuesday ,10 October

Google finds Russian-financed content

GMT 20:08 2014 Tuesday ,08 April

Green tea extract boosts your brain power

GMT 07:09 2017 Thursday ,09 November

Al Ameri happy for winning match

GMT 00:35 2015 Wednesday ,15 April

New clue sheds some light on mysterious 'dark matter'

GMT 11:46 2017 Tuesday ,14 February

Debenhams, Aab partner for modest

GMT 08:24 2017 Sunday ,22 October

Police martyrdom to increase our coherence

GMT 21:53 2016 Sunday ,06 November

Australian Woman Kidnapped in Afghanistan

GMT 09:05 2011 Sunday ,11 September

Eterniti\'s \'joke\' car

GMT 11:53 2017 Tuesday ,05 December

Google data-saving tool aims

GMT 05:43 2015 Saturday ,26 September

Obama, Xi make climate vow but clash on rights, islands

GMT 09:55 2019 Monday ,19 August

Live an excellent atmosphere in your career

GMT 09:34 2019 Monday ,19 August

Live a positive and important atmosphere
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday