{UAH} Italian oil boss accused of corruption over Nigeria deal

Italian oil boss accused of corruption over Nigeria deal

Posted at 6:08

AFP

Mr Descalzi was appointed to his post by the Italian government

Italian oil giant Eni has rallied behind its CEO Claudio Descalzi after prosecutors decided that he should stand trial for alleged corruption related to the firm's 2011 purchase of a Nigerian exploration licence.  

"The Board of Directors confirms its total confidence... Descalzi was not involved in any way in the conduct under investigation," the state-controlled company said in a statement.

A judge would have to approve the decision by prosecutors to try Mr Descalzi, the UK-based Financial Times newspaper reported. 

Prosecutors want to try him and 10 other individuals who were involved in the $1.3bn (£1bn) transaction in oil-rich Nigeria, it quoted lead prosecutor Fabio De Pasquale as saying. 

Eni and Royal Dutch Shell, which jointly owns the licence, have also been charged as companies, he said, the newspaper reported

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