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Home›Fossil Energy›Eni: Independent probe finds no evidence of bribery in Nigeria
Fossil Energy

June 1, 2015 · about 11 years ago

Eni: Independent probe finds no evidence of bribery in Nigeria

Italian oil and gas company, Eni, has informed that an audit by an independent U. S. law firm found no evidence of illegal conduct in relation to Eni and Shell’s acquisition of OPL 245, offshore Nigeria. In 2014, the Milan Prosecutor’s office launched an investigation into over $1 billion worth acqu

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Italian oil and gas company, Eni, has informed that an audit by an independent U. S. law firm found no evidence of illegal conduct in relation to Eni and Shell’s acquisition of OPL 245, offshore Nigeria.

In 2014, the Milan Prosecutor’s office launched an investigation into over $1 billion worth acquisition of block OPL 245 by Eni and Shell. Eni CEO Claudio Descalzi was put under investigation, but Eni denied any wrongdoing.

According to Eni, the unnamed independent US law firm was investigating the case on behalf of Eni’s board of statutory auditors and watch structure, but it did not find evidence of illegal conduct in relation to Eni and Shell’s 2011 transaction with the Nigerian government for the acquisition of the OPL 245 license in Nigeria.

The company says that the audits examined the documents and information available to the company or otherwise received or acquired following the start of the investigation. Eni notes that the final report of this audit was made available to the judiciary with whom Eni is co-operating in full.

Offshore Energy Today Staff

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