Arab Today, arab today italy probes eni for corruption in iraq kuwait
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Italy probes ENI for corruption in Iraq, Kuwait

Arab Today, arab today

Arab Today, arab 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.

arabstoday
arabstoday

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*

Arab Today, arab today italy probes eni for corruption in iraq kuwait Arab Today, arab today italy probes eni for corruption in iraq kuwait

 



Arab Today, arab today

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*

Arab Today, arab today italy probes eni for corruption in iraq kuwait Arab Today, arab today italy probes eni for corruption in iraq kuwait

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: قضايا ساخنة
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday