ENI Boss in International Corruption Mess for Nigerian Oil Deal

ENII

The chief executive of the Italian oil and natural gas company (ENI), Claudio Descalzi, is being investigated over international corruption allegations.

Descalzi is facing questions about a large Nigerian oil deal. The company said in a statement that “it is cooperating with the Milan prosecutor’s office” and that it “continues to deny any illegal conduct”.

However, trading shares in the company this afternoon had dropped to 2%, Thursday afternoon.

Leave a Reply

Your email address will not be published. Required fields are marked *