08 Aug 2011

Italy Suspects Energy Companies of Corruption in Dealings in Iraq and Kuwait

Italy’s largest energy group, ENI, is being investigated for corruption by an Italian prosecutor. The prosecutor is looking to determine whether or not ENI executives received kickbacks from Italian construction and engineering firms for the awarding of sub-contracts dealing with ENI projects in Iraq and Kuwait.

ENI, however, is not the only Italian firm under suspicion of receiving kickbacks, as a source close to the investigation also said that the firms Bonatti, Ansaldo, Renco, Elettra Energia and Elettra Progetti are also suspected of promising kickbacks or bribing officials.

For the original from France24, please click here. Please note that ENI’s logo comes from their web site, found here.