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Eni, Saipem to Stand Trial in Algeria Corruption Case

Posted by July 27, 2016

Italian oil company Eni and oil service group Saipem have been ordered to stand trial by an Italian judge in an Algerian corruption case, judicial sources said on Wednesday.

Former Eni Chief Executive Paolo Scaroni has also been sent for trial, the sources said.

Eni, Saipem and Scaroni were not immediately available for a comment.

The case revolves around allegations Saipem paid intermediaries around 198 million euros ($217.60 million) to bag contracts worth 8 billion euros with Algeria's state-owned Sonatrach.


Reporting by Manuela D'Alessandro

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