Companies & Finance

Eni facing Congo-Brazzaville corruption probe

Italian prosecutors have raided Eni’s offices in Milan to obtain documents related to possible illegal activities in Congo-Brazzaville in 2009 and 2014.
By Staff reporter 9 April 2018 0 30336

Italian prosecutors have raided Eni’s offices in Milan to obtain documents related to possible illegal activities in Congo-Brazzaville in 2009 and 2014.

The company confirmed that the offices of two of its employees had been searched and that five people were under investigation in connection with alleged payment of bribes to Congolese individuals relating to contracts worth €350 million ($430 million).

The Local reports Eni’s contracts were with Congolese companies with close ties to the government – such as Africa Oil & Gas Corp.,...