Italian prosecutors drop Congo case against Eni CEO - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Milan prosecutors do not plan to pursue a case against the head of Italian energy group Eni over oil permits granted in Congo Republic.

The magistrates formally requested the dismissal of a charge against Eni CEO Claudio Descalzi for alleged failure to declare a conflict of interest.

A statement from the prosecutors said that the main alleged crime in the case had been changed from bribery to undue inducement, which will be time-barred on March 18. The crime of failure to declare a conflict of interest is already time-barred. Eni also welcomed the decision, saying that it never believed that Descalzi had failed to give due notification of a conflict of interest.

In March 2021 a judge in a Milan court accepted Eni’s offer of an 11.8 million euro payment to settle the Congo investigation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines