Barely four months after he assumed office as the head of Italy's biggest listed company, the Chief Executive Officer of Eni, Mr.Claudio Descalzi, has been placed under investigation by Italian prosecutors over alleged corruption relating to the $1.3 billion Malabu Oil deal on Nigeria's Oil Prospecting Lease (OPL) 245.
The prosecutors in Milan had started a probe earlier this year but have now widened the net to include Descalzi, in a case relating to the acquisition of Nigeria's OPL 245 offshore oil block in 2011.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article