Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



Eni chief Scaroni probed in Algeria corruption case

02.07.2013  | 

The investigation centers on possible "international corruption," according to a person familiar with the investigation. Another person close to the investigation said prosecutors are looking into whether Saipem officials gave kickbacks to procure contracts in Algeria. Mr. Scaroni has not been charged.

Keywords:

By LIAM MOLONEY and STACY MEICHTRY

ROME -- Milan prosecutors have placed Paolo Scaroni, chief executive of Italian energy company Eni SpA, under investigation as part of a probe into possible corruption of Algerian officials by oil-service company Saipem, which Eni controls, according to a person familiar with the investigation.

The investigation centers on possible "international corruption," this person said. Another person close to the investigation said prosecutors are looking into whether Saipem officials gave kickbacks to procure contracts in Algeria.

An Eni spokesperson quoted Mr. Scaroni as saying he was "totally uninvolved" in affairs related to the probe. A Saipem spokesperson said he had no comment.

Mr. Scaroni has not been charged.


Dow Jones Newswires 



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


64%

36%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.