Thomson Reuters Foundation

Inform - Connect - Empower

Eni says CFO has resigned after news of corruption probe

Source: Thomson Reuters Foundation - Wed, 5 Dec 2012 19:32 GMT
Author: Reuters
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

    MILAN, Dec 5 (Reuters) - Italian oil and gas group Eni <ENI.MI> said on Wednesday its Chief Financial Officer Alessandro Bernini had resigned following news prosecutors were investigating Eni's oil services unit Saipem <SPMI.MI>.

   Bernini was CFO of Saipem until 2008.

   "While Alessandro Bernini considers that his actions were right and proper, it is his view that Eni's interests are better served by his resignation," the company said in a statement.

   Saipem earlier said Milan prosecutors had said the alleged corruption regarding contracts in Algeria took place up through 2009.

(Reporting By Stephen Jewkes)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus