Investigation Against Us Has Been Closed In The U.S. - Eni
The Italian energy group Eni is heaving a sigh of relief. According to Eni, the U.S. Justice Department has closed its investigations into alleged corruption by its subsidiary in Nigeria and Algeria. In a related development, Eni is currently on trial in Milan on graft allegations revolving round the acquisition of a giant Nigerian oilfield in 2011. Shell and Eni Source : businessday.ng In that case Eni and peer Royal Dutch Shell are accused of buying the OPL 245 offshore field for about 1.3 billion U.S. dollar in a deal that spawned one of the industry’s largest graft scandals. Milan prosecutors allege that about 1.1 billion U.S. dollar of the total was siphoned off to pay politicians, businessmen and middlemen. Eni and Shell have denied any wrongdoing. “Today’s decision by the DOJ confirms the findings of independent advisors, who conducted investigations into the claims... which also found no illegal activity,” Eni ...