MILAN An Italian judge said on Monday oil majors Eni and Royal Dutch Shell were fully aware their 2011 purchase of a Nigerian oilfield would result in corrupt payments to Nigerian politicians and officials.
MILAN Eni made no thorough background checks on a middleman it hired to broker a $1.3 billion Nigerian acquisition, a former board member of the Italian oil group told a Milan court.
MILAN, Oct 31 Eni made no thorough
background checks on a middleman it hired to broker a $1.3
billion Nigerian acquisition, a former board member of the
Italian oil group told a Milan court.
GENOA, Italy Italian freight forwarders who say their business has been affected by a deadly bridge collapse in Genoa are taking legal advice and considering whether to sue toll-road operator Atlantia if the group is found responsible.
LONDON/MILAN Britain's Serious Fraud office said on Friday former Deutsche Bank trader Andreas Hauschild was arrested in Italy over alleged manipulation of the Euribor benchmark and Milan prosecutors would need to decide whether to hand him over.
MILAN An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of the oil industry's biggest graft scandals.
* Next hearing in main trial on Sept. 26
(Recasts, adds Shell and Eni comments, anti-corruption
MILAN, Sept 19 An Italian court found oil
services group Saipem and a former CEO guilty of
corruption in a long-running trial over bribes in Algeria but
acquitted oil major Eni.
MILAN The Court of Arbitration for Sport on Friday overturned a decision by European soccer body UEFA to ban AC Milan from next season's Europa League competition, saying the Italian club's finances had improved after a recent ownership change.
BERGAMO, Italy The chief executive and chairman of UBI Banca were sent to trial with another 28 people on Friday over alleged governance irregularities at Italy's fifth-largest bank, a court document reviewed by Reuters showed.