Italian Oil Giant Eni Forfeits $24.5 Million to Resolve Bribery Probe

Eni SpA has settled allegations in the U.S. that a subsidiary used sham contracts with an intermediary to improperly win contracts from an Algerian state-owned oil company. The Italian oil-and-gas giant agreed to pay $24.5 million to resolve alleged violations ...

from Google Alert - Business https://ift.tt/2KmdjbC
Eni SpA has settled allegations in the U.S. that a subsidiary used sham contracts with an intermediary to improperly win contracts from an Algerian state-owned oil company. The Italian oil-and-gas giant agreed to pay $24.5 million to resolve alleged violations ... https://ift.tt/eA8V8J

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