Saipem Confident Will Prove it is Not Liable in Algeria Trial

Italian oil contractor Saipem said on Friday it was confident it would be able to prove that there were no grounds for the company to be held liable in a corruption trial.

 

A Milan judge on Friday ruled that Saipem and a number of former employees of the company should stand trial for acts of corruption alleged to have taken place in Algeria up until the beginning of 2010, the company said.