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Italy Must Consult New Parliament Before Naming Saipem Board

Posted by March 28, 2018

Photo: Saipem

Italy's outgoing government should consult the new parliament before naming new boards of state-owned companies such as oil and gas exploration group Saipem, the 5-Star Movement said on Wednesday.

The anti-establishment party won most votes at this month's parliamentary election and is vying with the far-right League over who should name the prime minister and form a government.

Saipem's shareholders meet on May 3 to name the new board.

"If nominating the boards of companies of national importance cannot wait for a new government to be formed, like in the case of Saipem, it will be necessary ... to involve the outgoing government and the new parliament," Andrea Roventini, 5-Star's candidate for economy minister, wrote on the party's blog.
 
Reporting by Gavin Jones

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