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ENI Eni Spa

14.824
-0.312 (-2.06%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eni Spa BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.312 -2.06% 14.824 14.814 14.88 15.02 14.748 15.018 16,392,685 17:00:00

Eni Says Italian Prosecutor Has Dropped Appeal on Nigeria Corruption Acquittal

19/07/2022 4:14pm

Dow Jones News


Eni (BIT:ENI)
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From May 2022 to May 2024

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   By Giulia Petroni 
 

Italian prosecutors dropped a legal challenge over the acquittal of Eni SpA and its managers in a corruption case related to oil-drilling rights in Nigeria, according to the energy major.

"The waiver means that the acquittals of Eni and its managers of March 2021 have now become full and final," Eni said.

Eni and other individuals including Chief Executive Officer Claudio Descalzi, as well as Shell PLC, were on trial over a payment made for drilling rights in Nigeria that prosecutors argued was mostly for the purpose of bribes. Eni and Shell jointly bought drilling rights off the coast of Nigeria in 2011 in an area known as OPL 245.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

July 19, 2022 10:59 ET (14:59 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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