United Kingdom

Emilio Parodi

Eni files fraud complaint, rejigs trading arm over oil tanker fiasco

6:04am BST

LONDON/MILAN Eni has filed a fraud complaint against its former head of oil trading over a suspect Iraqi crude oil shipment, amid concerns inside the Italian oil major that the failed delivery may have included Iranian crude targeted by U.S. sanctions.

Eni officials tried to tamper with witness in Nigeria case: prosecutor

17 Jul 2019

MILAN Officials from Eni sought to convince a witness, a former Eni manager, to withdraw some statements he made during investigations into a Nigerian corruption case involving the Italian oil group, a court heard on Wednesday.

Italian prosecutors probe allegations of League oil deal: sources

11 Jul 2019

MILAN Italian prosecutors have opened an investigation into possible international corruption following media reports that the ruling League party sought millions of euros via a secret Russian oil deal, two sources said on Thursday.

UPDATE 1-Italian prosecutors probe allegations of League oil deal - sources

11 Jul 2019

* Ex-Salvini spokesman Savoini at centre of allegations (Adds Senate chief refusing to hold hearing, details)

Italy widens probe into alleged obstruction in Nigeria graft case

04 Jul 2019

MILAN Italian prosecutors are widening an investigation into suspected obstruction of justice by officials of oil group Eni , sources said, threatening to open a new legal front for the company as it defends itself in a major corruption trial.

Exclusive: Banks face new challenges in Italian diamond scandal

18 Jun 2019

MILAN A long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy’s largest lender, and smaller rival Banco BPM. | Video

UBS switches stance with plan to offer $113 million tax settlement in Italy

07 Jun 2019

ZURICH/MILAN UBS looks set to agree a 100 million euro ($113 million) settlement of a money laundering and tax case in Italy within the next few weeks, according to people familiar with the matter, in contrast to a similar case in France.

UBS switches stance with plan to offer $113 mln tax settlement in Italy

07 Jun 2019

* UBS to settle 100 mln euro tax case in coming weeks - sources

Gucci owner Kering agrees record Italian tax settlement

09 May 2019

MILAN/Paris French luxury goods group Kering said on Thursday it had agreed to pay a record 1.25 billion euros ($1.40 billion) to settle a dispute with Italian tax authorities centered on its fashion brand Gucci.

Gucci owner Kering close to settling Italian tax case for 1.3-1.4 billion euros - sources

25 Apr 2019

MILAN French luxury group Kering is close to agreeing to pay between 1.3 billion (1.1 billion pounds) and 1.4 billion euros to settle a dispute with Italian authorities over unpaid taxes by its fashion brand Gucci, three sources told Reuters on Thursday.

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