Italy's Prime minister candidate Giuseppe Conte addresses journalists after a meeting with Italy's President Sergio Mattarella on Sunday at the Quirinale presidential palace in Rome. Conte gave up on Sunday his mandate to form a government after talks with the president over his cabinet collapsed.
Eni and Shell jointly acquired the rights to an offshore oilfield, Oil Prospecting Licence 245, in 2011 but the deal had spawned legal cases spanning several countries. The ruling on Wednesday removes the prospect of months of testimony voicing allegations of wrongdoing by Eni and sets a timetable for finally reaching a verdict in the long-running case, according toThe decision is the second piece of bad news in a few days for Milan prosecutors after a witness last week refused to confirm a key statement.
In one of the oil industry’s biggest ever scandals, Italian prosecutors alleged Eni and Shell bought the Nigeria oilfield knowing most of the $1.3bn purchase price would go to agents and middlemen in bribes.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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