Financial Crime Financial Crime

Comment: Eni takes sweetheart SEC deal to end corruption probe, fights on elsewhere

By Martin Coyle and Richard Vanderford
  • 21 Apr 2020 14:53
  • 21 Apr 2020 14:53
Italian oil company Eni’s $24.5 million settlement with US enforcers over allegations of bribery involving Algeria’s state owned oil company Saipem jars with its recent stance of fighting connected allegations on home turf. But the civil settlement saw the company walk away from the US case without admitting any guilt and

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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