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BRIEF-Eni, on Nigeria Case, Says Public Prosecutor's Requests For Conviction Are Groundless

Published 21/07/2020, 19:50
ENI
-

July 21 (Reuters) - Eni SpA ENI.MI :
* ON NIGERIA CASE, SAYS PUBLIC PROSECUTOR'S REQUESTS FOR
CONVICTION ARE COMPLETELY GROUNDLESS
* CONSIDERS PUBLIC PROSECUTOR'S REQUESTS FOR CONVICTION OF
CO, ITS
FORMER & CURRENT CEOS & MANAGERS INVOLVED IN OPL245 PROCEEDING
ARE GROUNDLESS
* ENI AND SHELL PAID A REASONABLE PRICE FOR LICENSE DIRECTLY
TO
NIGERIAN GOVERNMENT, AS CONTRACTUALLY AGREED
* ENI NEITHER KNEW NOR SHOULD HAVE BEEN AWARE OF POSSIBLE
DESTINATION OF MONEY SUBSEQUENTLY PAID BY NIGERIAN GOVERNMENT TO
MALABU
* PAYMENT WAS MADE AFTER AN INQUIRY CARRIED ON BY UK'S
SERIOUS
ORGANISED CRIME AGENCY
* THERE CAN BE "NO BRIBES FROM ENI IN NIGERIA"

Source text for Eikon: ID:nNDL58D2H8
Further company coverage: ENI.MI

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