Italian prosecutors place Eni (E -5%) CEO Paolo Scaroni under investigation as part of a probe...

|By:, SA News Editor

Italian prosecutors place Eni (E -5%) CEO Paolo Scaroni under investigation as part of a probe into possible corruption of Algerian officials by Eni-controlled oil-service company Sapiem. A source tells WSJ that prosecutors are looking into whether Saipem officials gave kickbacks to procure contracts in Algeria.