Sec Closes its Investigation in Nigeria and Congo Matters

Source Press Release
Company ENI S.p.A. 
Tags Issues & Setbacks, Strategy - Corporate
Date April 22, 2020

Separately from the Algeria Settlement, the SEC informed Eni that, based on the information currently available to the SEC, it is otherwise closing its pending investigation of Eni, which also encompassed inquiries into the OPL 245 matter and Eni’s activities in Congo, without recommending further enforcement action.

On October 1, 2019 the U.S. Department of Justice had also closed its investigation of Eni with respect to the Algeria and OPL 245 matters without taking any action.

With respect to Algeria, Eni reminds that the Court of Appeal of Milan issued in the last days the reason for the full acquittal of Saipem and Eni on any corruption charges rendered in January 2020”.

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